As I understand it you must hold shares on the record date. Any shares purchased between now and then will qualify. There for those of us who wish to either increase the amount of rites you qualify for. Or those who still wish to get in on them still have time before Nov. 20/2012 .
Ainsworth Lumber Co. Ltd announced a net income of $32.6 million in Q3 2012, compared to a net loss of $58.90 million in the same quarter last year.
West Fraser Mills Ltd
reported earnings of $55 million this past quarter in their lumber operations ($6 million net profit), and $22 million in panels (MDF, plywood, LVL).
Weyerhauser also posted their earnings this week, $117 million in Q3.
has reopened the Radium sawmill after completing a $38.5 million upgrade after they purchased it from Tembec. When in full production, the sawmill will produce 240 million board feet per year. Canfor has also built a new planer mill at the facility.
Carrier Forest Products
has reached a deal with the United Steelworkers that puts them one step closer to reopening their sawmill in Big River Saskatchewan.
Tolko Mill in High Prairie, Alberta, formerly an OSB mill, has become the High Prairie Regional Training and Development Centre, a training centre for high school students.
has announced it is purchasing the Sundance sawmill and reman operations in Edson Alberta, which puts out 150 million board feet per year. The AAC attached to the mill is 750,000m3 coniferous and 43,000m3 of deciduous.
In the aftermath of Hurricane Sandy, lumber prices have surged to a 19 month high. Thousands of homes will need to rebuilt. Add that to the already increasing US housing market, and we may well be into a supply crunch in the new year, which will really bring the labour shortage and contractor capacity issues front and centre. Something to think about during rate negotiations!