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27. Forestry firms find profit in their real estate They are members of a much-diminished army, the logging and sawmilling workers who toil in British Columbia's coastal forests, and they have gone from being among the loudest and most powerful economic forces in the province to fighting for their survival. They are members of a much-diminished army, the logging and sawmilling workers who toil in British Columbia's coastal forests, and they have gone from being among the loudest and most powerful economic forces in the province to fighting...
Source • Globe and Mail,Canada •
28. Customer Service The availability of chips from sawmills has dried up in recent months as lumber companies have temporarily shuttered operations in the face of falling wood prices. Richards said the increase was due a two per cent rise in the base price for chips, in addition to higher freight costs and costs related to higher chip quality. The fund said Wednesday it expects eight per cent of the chips it uses this year will come from whole-log chipping, up from an estimate of five per cent earlier this...
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29. Canfor Reports Second-Quarter Loss as Lumber Slumps (Update1) Canfor's average price for its benchmark softwood lumber in the period fell 20 percent from a year earlier to C$283 per 1,000 board feet, according to the statement. The company was projected to report a loss of 35 cents a share, the average estimate of four analysts surveyed by Bloomberg. The results mark Canfor's fifth consecutive quarterly loss, excluding one-time items, as it tries to overcome a drop in U. The company abandoned an earlier plan announced May 22 to close Mackenzie after...
Source • Bloomberg •
30. Red trees courtesy of pine beetles To stem the damage, earlier this year the province called on forestry companies to change harvesting sequences so infested trees are taken down first, something which MacDonnell is happening, but which can negatively impact the industry as companies plan harvesting in 100-200 year cycles and on a species basis. The province estimates as many as three million trees are now affected and each infested tree has enough insects to potentially infest five to ten more. Those infested trees are...
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31. Purdue Helps Track Timber Rattlesnakes With Transmitters Radio telemetry sent by the transmitters will allow researchers to determine where the snakes live, hibernate, how much territory each needs and how logging impacts their success. Teams have been searching the snake's southern Indiana habitat three times a week and bring them to a Purdue laboratory where they implant the device. Once found in abundance in woods and hills of Indiana, timber rattlesnakes are now relatively rare. Thompson implants transmitters about the size of an AA battery...
Source • 19 hours ago •
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