Canfor to double lumber output
Article Abstract:
Canfor Corp. plans to double the production of its 10 sawmills in northern British Columbia and Alberta to five billion feet of lumber and wood products over the next five years. The sawmills, which are part of the company's northern wood products group, offer the best potential for profitability and strength, said CEO David Emerson. Emerson said the company will also be trying to form partnerships in the pulp and paper business to gain enough clout to compete globally. The actions are part of the unprofitable company's restructuring program designed to cut annual costs by up to C$40 million by the end of 1998.
Comment:
Plans to double production of its 10 sawmills in northern British Columbia and Alberta to 5 bil feet of lumber & wood products
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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B.C. logger seeks green blessing
Article Abstract:
Western Forest Products Ltd., a logging and lumber firm headquartered in Vancouver, Canada, announced the company resolved to ask approval from the Forest Stewardship Council (FSC) to have Western Forest's forest management operations registered under ISO 14001 and certified by the Canadian Standards Association. ISO 14001 is an international standards protocol. Western Forest chief forester Bill Dumont stressed the most significant feature of the certification is its acceptability in the market, adding Western Forest's clients in Europe have stressed that FSC is the most credible system at the moment.
Comment:
Asks approval from the Forest Stewardship Council to have this co's forest management operations registered under ISO 14001
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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Sitter leaves as Interfor CEO
Article Abstract:
International Forest Products Ltd. President and CEO Robert Sitter has resigned from his post after the company's board of directors agreed that it needs a leadership change. Interfor's chairman and controlling shareholder, William Sauder, is the appointed interim CEO while the Vancouver, British Columbia-based company searches for a new leader. Sauder only said that the company's financial performance is inadequate, reporting profit of C$400,000 or 1 cent a share in 1997, better than the 1996 losses of C$27.2 million, but far lower than profits from the previous years.
Comment:
President & CEO Robert Sitter has resigned from his post after co's board of directors agreed that it needs leadership change
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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