West Fraser Purchases Norbord For $3 Billion

West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West Fraser. “Norbord’s OSB production is a perfect...

NAFTA Fight Could Rock Timber Industry

U.S. lumber producers like a Trump administration move to drop part of the North American Free Trade Agreement’s dispute resolution system they say handcuffs their ability to fight unfair Canadian timber sales. But Canadian timber analysts warn the move could further...

Maine Loggers Say Biomass Company Not Paying Bills

Loggers have cut off deliveries to a Maine biomass electricity generator because the company has stopped paying its bills, the head of an industry association said Tuesday. Dana Doran, executive director of the Professional Logging Contractors of Maine, said loggers...