board products

Woodworking Industry News

Canfor Q3 profits improve

VANCOUVER, BC -- Canfor Corporation (TSX: CFP) reported net income of $33.5 million for the third quarter of 2010 compared to $40.4 million for the second quarter of 2010 and $4.1 million for the third quarter of 2009.

Woodworking Industry News

Norbord ‘breaks even’ in 2009

TORONTO - Norbord Inc. reported a 2009 loss of $58 million compared to a loss of $115 million in 2008. For the full year, though, Norbord saide it generated breakeven EBITDA compared to negative EBITDA of $60 million in the prior year. Approximately $43 million of the year-over-year improvement was generated by the North American operations. Overhead cost reductions and lower input prices, especially resin and wax, had a significant positive impact on EBITDA results.