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$11M Sawmill Investments Feed U.S. Housing Recovery

By Bill Esler Posted: 11/10/2012 5:17PM

Resolute Forest Products (NYSE: RFP) (TSX: RFP) will see C$11 million in upgrades at its Comtois sawmill in Lebel-sur-Quévillon, Quebec, and its Senneterre, Quebec, sawmill, preserving Quebec jobs.

Lumber Companies Flying High on Housing Recovery

Posted: 11/09/2012 7:50PM

The sustained housing recovery in the U.S. has had a positive effect on a number of companies and industries, and is especially true for companies with operations in lumber, such as Louisiana-Pacific Corp. and Weyerhaeuser Co. Lumber companies have been battling through subdued demand for some time, and those still standing could benefit from the uptick as well as reduced competition.

Ainsworth Announces Tender Offer for 11% Senior Notes Due 2015

Posted: 11/09/2012 7:41PM

Ainsworth Lumber Co. Ltd. announced the commencement of an offer to purchase for cash any and all of its outstanding 11% Senior Notes due 2015.

Stella-Jones Reports Solid Third Quarter 2012 Results

Posted: 11/09/2012 2:50PM

Stella-Jones Inc. announced financial results for its third quarter ended September 30, 2012.

Hard Maple Prices Bump Up, New Life in Red Oak

By Andy Johnson Posted: 11/09/2012 9:05AM

Summary of comments on the hardwood lumber market. Red oak sees new life. Hard maple sales move up and walnut prices remain slow.

Stella-Jones Constructs a New Wood Treating Facility in Georgia

Posted: 11/08/2012 2:47PM

Stella-Jones Inc. announced that it has begun construction of a new wood treating facility on a 40-acre tract of land in Cordele, Georgia, approximately 140 miles south of Atlanta.

Western Reports Third Quarter 2012 Results

Posted: 11/07/2012 7:57PM

Western Forest Products Inc. announced results for the third quarter of 2012. The Company reported EBITDA of $8.4 million for the third quarter of 2012 compared to $15.8 million for the third quarter of 2011.

Nepa Pallet Acquired by Universal Forest Products

By Bill Esler Posted: 11/07/2012 12:28AM

Universal Forest Products (Nasdaq: UFPI) closed on the previously announced asset purchase of Nepa Pallet and Container Co., Inc., a manufacturer of wood pallets, crates, containers and bins.

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