Category Archives: Business & Politics

Business & Politics

BC Lumber Trade Council warns that softwood tariffs could lead to soaring US rebuilding costs

By Brent Jang
The Globe and Mail
April 16, 2025
Category: Business & Politics
Region: Canada, International

The BC Lumber Trade Council is warning that threatened US tariffs stacked on top of duties against Canadian softwood could lead to soaring costs for residential construction, including in American states seeking to rebuild after natural disasters. Hurricane Helene damaged or destroyed an estimated 73,000 homes in North Carolina last fall, and wildfires burned more than 15,000 structures in California in January, the BC council said in a submission this month to the US Department of Commerce. “Significant hurricane reconstruction efforts are also underway in Florida, Georgia, South Carolina, Virginia and Tennessee,” the council’s 55-page filing says. The submission was a response to a March 1 executive order… which also threatened new lumber tariffs, cited Section 232 of the Trade Expansion Act, allowing him to connect the softwood file with national security. The probe into softwood and other wood products is scheduled to be completed by the end of this year. [to access the full story a Globe and Mail subscription is required]

Read More

Unifor calls for Team Canada approach to forestry following preliminary decision to more than double U.S. softwood lumber duties

Unifor
April 8, 2025
Category: Business & Politics
Region: Canada

TORONTO—Unifor is calling for a large-scale Team Canada approach to support the forestry sector across Canada after the U.S. Department of Commerce’s recent announcement that will more than double the combined duties on Canadian softwood lumber. “We have an opportunity to address two crises with one made-in-Canada plan to build the housing we desperately need with our own mass timber and lumber,” said Unifor National President Lana Payne. “Unifor is calling on federal and provincial party leaders to commit to an industrial strategy for forestry that will support forestry operations in every province across the country and keep Canadians working.” Unifor represents more than 22,100 forestry workers across 10 provinces who work in sawmills, pulp and paper plants and in wood products manufacturing. …Canada must think big on forestry and use our vast lumber resources to facilitate a national affordable home building strategy.

Read More

US lumber industry pushes back at BC’s Forests Minister

By Paul James
Radio NL – Kamloops News
April 13, 2025
Category: Business & Politics
Region: Canada, United States

A coalition representing part of the US lumber industry is firing a shot at BC’s Forests Minister, who has suggested the State-side industry is not willing to engage. “I think the B.C. Forest[s] Minister should spend more time addressing B.C.’s massive excess capacity which is the source of Canada’s unfair dumping practices than trying to play politics,” stated Zoltan van Heyningen, of the U.S. Lumber Council. The comments are in direct response to earlier comments by BC’s Forests Minster when asked if there can be overriding agreement to bring the broader dispute to an end. “A meeting with Zoltan was scheduled,” said Parmar. He says that meeting never came to be, saying the US side dropped it at the last minute due to members of the media discovering the session was going to take place.

Read More

Canadian Excess Lumber Capacity at the Root of Unfair Trade Practices

By The US Lumber Coalition
PR Newswire
April 11, 2025
Category: Business & Politics
Region: Canada, United States

WASHINGTON — Since 2016, Canada’s excess lumber capacity has surged…[and] the Canadian industry is directing its excess lumber capacity and production to the US market. The impact on US lumber producers, workers, and forestry dependent communities has been devastating. “BC Premier Eby’s claim that US trade law enforcement is an attack on Canadian workers is entirely backwards,” stated Zoltan van Heyningen. “Canadian violations of US trade laws are an attack on US workers, US companies, and President Trump’s goals to further increase US lumber production.”,”Canada and their US allies, the NAHB, are engaged in a massive misinformation campaign trying to scare the American public into accepting Canada’s unfair trade practices,” added van Heyningen. “Let’s face it, Canada does not care about the U.S. consumer. …Canadian companies pay the duties imposed at the border on softwood lumber imports, not the US consumer or U.S. taxpayer”.

Read More

US markets set to tumble again as reality sets back in on tariffs

By David Goldman
CNN Business
April 10, 2025
Category: Business & Politics
Region: Canada, United States

Scott Bessent

The US stock market, fresh off its third-best day in modern history, is sinking back into reality: Although President Donald Trump paused most of his “reciprocal” tariffs, his other massive import taxes have already inflicted significant damage, and the economy won’t easily recover from the fallout. The Dow, after rising nearly 3,000 points Wednesday, was set to open lower by more than 500 points.Traders were elated that Trump temporarily rescinded his so-called reciprocal tariffs, which aren’t really reciprocal, for 90 days. …Futures on Thursday also responded somewhat positively to the European Union’s announcement that it would temporarily pause its retaliatory tariffs on the United States in hopes of a negotiated trade agreement after Trump’s U-turn. …But even after Trump’s about-face, the reality remains stark: Economists said the economic damage is done, and many predict a US and global recession. 

Read More

Trump pauses most tariffs for 90 days, but no changes for Canada

By Kelly Geraldine Malone
The Canadian Press in the National Post
April 9, 2025
Category: Business & Politics
Region: Canada, United States

WASHINGTON — U.S. President Donald Trump partially reversed course Wednesday on his global trade war following days of market turmoil — but he’s not offering any changes to the tariffs hitting Canada. Trump immediately paused for 90 days the levies on nations slapped with the highest duties under his “reciprocal” tariff regime. A White House official later clarified that a 10 per cent baseline tariff will remain in place for all countries. The president has held fast to his plan to rapidly realign global trade through a benchmark “reciprocal” tariff  — but his tariffs have spread chaos throughout global markets. …On social media, Trump said he made the decision after more than 75 countries called his administration “to negotiate a solution.” Later at the White House, the president said he lowered the levies because “people were jumping a little bit out of line.” “They were getting yippy, you know,” Trump said. “They were getting a little bit yippy, a little bit afraid.”

Related content:

Read More

‘They simply can’t produce it alone’: Industry association responds to new duties on Canada’s softwood lumber

By Daniel Otis
CTV News
April 8, 2025
Category: Business & Politics
Region: Canada, United States

American consumers could be paying more to build new homes after the U.S. announced it will more than double existing duties on Canadian softwood lumber. “In the end, the U.S. consumer ends up paying additional money,” Supply-Build Canada president said on Tuesday. “It is an extra cost that is being passed on to the U.S. consumer and that’s not an ideal situation when you are looking for housing affordability.” Claiming that the Canadian lumber industry is unfairly subsidized, the U.S. Department of Commerce announced Friday that it planned to hike duties on Canadian softwood lumber from 14.4 per cent to 34.45 per cent. …The U.S. imports roughly 30 per cent of the softwood lumber it uses, with more than 80 per cent of imports coming from Canada. British Columbia is Canada’s largest softwood lumber producer and exporter. 

Read More

Green Party Calls for Strategic National Lumber Reserve as U.S. Escalates Softwood Tariffs

Green Party of Canada
April 8, 2025
Category: Business & Politics
Region: Canada

OTTAWA – In response to the United States’ plan to significantly hike tariffs on Canadian softwood lumber—reportedly up to 34.45%—the Green Party of Canada is calling for the immediate development of a Federal Strategic Reserve of softwood lumber and other essential resources to protect Canadian interests, stabilize prices, and revitalize domestic industries. …The Green Party is urging the federal government to: Establish a Strategic Reserve of softwood lumber, aluminum, steel, and other critical materials; Stop raw log exports and prioritize domestic processing; Work with Premier David Eby and First Nations in B.C. to ensure Indigenous leadership and stewardship in forestry policy; Use Canadian lumber to build climate-resilient, culturally appropriate public housing—particularly on First Nations reserves; Ensure long-term maintenance funding for public housing so that infrastructure remains safe and livable; and Require that logging profits derived from public lands be reinvested in Canadian communities, not siphoned to foreign shareholders.

Read More

USW applauds Premier Eby and BC government support for forestry workers impacted by unfair US softwood lumber tariffs

United Steelworkers
April 8, 2025
Category: Business & Politics
Region: Canada, United States

BURNABY, BC – The United Steelworkers union (USW) District 3 and the USW Wood Council locals in BC applaud the approach of Premier Eby in fighting for workers and federal government supports in light of the announcement by the US Department of Commerce that will increase the current tariff and countervailing duty average to 34.45% from 14%. “The continual application of tariffs and duties by the US on our USW membership in Canada is wrong and unwarranted,” said USW District 3 Director Scott Lunny. “Premier’s Eby’s approach in pressing the federal government in Ottawa for worker supports is key.” …“The Trump administration and the U.S. Department of Commerce continue to be subjected to the influence of the US Softwood Lumber Coalition, wrongfully claiming the Canadian industry is subsidized,” said Jeff Bromley, USW Wood Council Chair. …“It’s protectionism, pure and simple,” added Bromley.

Read More

Pacific Woodtech Corporation and Domtar Announce Long-Term Strategic Distribution Agreement

By Pacific Woodtech Corporation
PR Newswire
April 8, 2025
Category: Business & Politics
Region: Canada, United States

Burlington, Wash. and MONTRÉAL — Pacific Woodtech Corporation (PWT) and Domtar are pleased to announce the long-term extension of their multi-year strategic distribution agreement that will secure their market position and provide a full bundle solution to customers. This partnership unites PWT’s industry-leading brand and customer reach with Domtar’s extensive raw material supply and premier I-joist manufacturing capabilities, ensuring a seamless supply chain from tree to finished product. Under the agreement, Domtar will manufacture I-joists at its engineered wood facilities, which PWT will distribute under the PWT brand. This collaboration enables both companies to expand their market presence while providing customers with a comprehensive, high-quality EWP product portfolio. “By combining our strengths, we can offer a full bundle solution to our customers, supporting their growth while delivering the highest quality engineered wood products for the long term,” said Jim Enright, CEO of PWT.

Read More

BC’s top court upholds increased notice period for pulp and paper engineer induced to leave secure job

HR Law Canada
April 15, 2025
Category: Business & Politics
Region: Canada, Canada West

An appeal contesting a 12-month notice period awarded to an operations specialist who had been recruited from a long-term, secure position has been dismissed by the BC Court of Appeal. The case, which centered on the issue of inducement in wrongful dismissal claims, establishes that even modest forms of inducement can justify an increased notice period when an employee leaves secure employment for a position that terminates after a relatively short period. A chemical engineer with 27 years of service at Catalyst Paper on Vancouver Island, was contacted by Mercer Celgar Limited Partnership in 2018. …When his employment was terminated without cause as part of a downsizing… Celgar had paid five months’ salary in lieu of notice. The trial judge determined that he had been induced to leave his previous employment, which warranted a longer notice period. …Celgar argued that even if there was inducement, it was “modest”. 

Read More

BC Forest Minister says US customers ‘fearful’ of protesting duties

By Les Leyne
The Times Colonist
April 15, 2025
Category: Business & Politics
Region: Canada, Canada West

Ravi Parmar

The Trump administration’s focus on retribution against individuals and organizations that disagree with him may be curbing B.C.’s effort to rally U.S. protests against lumber price hikes. …Forests Minister Ravi Parmar said US organizations and businesses that will have to deal with higher lumber prices when the higher duties hit seem reluctant to speak up. “It’s hard to imagine a large democracy like the US where … industry organizations were fearful of standing up because they didn’t want to get their heads cut off by the president. “How crazy is that?” …Parmar said he hopes people get a chance to make their case known. …The US National Association of Home Builders has highlighted the downsides to consumers and objected to the tariff war and the duties. …Parmar also took a shot at Canadian lumber firms that have been buying up US mills in recent years while curtailing BC operations.

Read More

Levies chipping away at Canada’s lumber industry

By Yang Gao
China Daily
April 15, 2025
Category: Business & Politics
Region: Canada, Canada West

By raising duties on Canadian lumber, the United States is contending that the producers benefit from unfair subsidies and sell products below market value. However, British Columbia Premier David Eby called it an “attack on forest workers and British Columbians” on April 5.  …Harry Nelson, an associate professor of forestry at the University of British Columbia, said the increase stems from Washington’s annual review of its trade remedy findings. “The main reason for the significant increase is that both rates went up, the antidumping especially so.” …Nelson said some companies such as Canfor face a nearly 50 percent tariff and could be unsustainable. “Lumber margins tend to be small — certainly not 50 percent, and it is hard to imagine how Canfor will be able to continue to operate,” he said. “I would expect a curtailment in production, where higher-cost firms may either take temporary downtime or permanently shutter some more mills.”

Read More

What Happened in Vanderhoof After the Sawmill Closed

By Isaac Phan Nay
The Tyee
April 15, 2025
Category: Business & Politics
Region: Canada, Canada West

When forestry contractor Mike Egli heard the sawmill in Vanderhoof was closing, he was expecting the worst. Egli co-owns logging contractor Dalchako Transport with his brothers. As with many local forestry companies, Dalchako’s livelihood was tied to the Plateau sawmill, Vanderhoof’s largest employer. With more than 200 workers, the sawmill was integral to the local economy. It closed at the end of December 2024. Egli has found other contracts to keep working since December, but the mill’s closure has caused a massive upheaval. “We lost all that work there,” he said. …Meanwhile, workers in Vanderhoof are looking to other industries to make a living. It’s a shift many northern B.C. workers have had to make before. …Not all workers are leaving the industry. Mayor Moutray said local forestry contractors are commuting 200 kilometres to Quesnel, B.C., for work, or flying into remote work camps to stay in forestry.

Read More

Saving BC forestry will take radical rethinking

By Kennedy Gordon
Prince George Citizen
April 12, 2025
Category: Business & Politics
Region: Canada, Canada West

David Eby

Think of last week’s BC Council of Forest Industries (COFI) conference in Prince George as a swift kick in the Carhartts for our forestry sector. …However, as the conference made clear, Prince George — and the whole industry — faces some major hurdles. With the future of the U.S.-Canada trade relationship uncertain, the industry faces more headwinds. …For far too long, BC and Canada have focused on the U.S. market. BC Hydro chair and former premier Glen Clark pointed out; it’s time to look elsewhere — particularly to Asia. …Countries like Japan, where Canada has seen its market share drop in recent years, represent a huge opportunity. …But diversification isn’t just about new markets. It’s also about innovation. …From advanced tools to smarter, more efficient logging equipment, the industry is evolving. …The industry itself needs to be open to new ideas, including further co-operation with Indigenous partners.

Read More

Why tariffs could collapse B.C.’s forestry industry

By Ian Hanomansing
CBC The National
April 13, 2025
Category: Business & Politics
Region: Canada, Canada West

This is what BC forestry workers fear the trade war will do. A fresh crisis for an industry already close to collapse, forcing communities dependent on trees to come up with new ways to survive. John Brink is worried. “A lot of people will get hurt, losing their jobs, losing their businesses. …New tariffs on lumber couldn’t come at a worse time for British Columbia’s forest industry. A lot of companies have already packed up and moved south. Take Canfor, one of the world’s largest producers of forest products. In the last decade it shut down 10 of its 12 BC mill, three of those last year alone.

Read More

West Fraser’s Williams Lake mill goes to four-day work week

By Ruth Lloyd
The Williams Lake Tribune
April 10, 2025
Category: Business & Politics
Region: Canada, Canada West

West Fraser’s Williams Lake sawmill is facing some timber supply challenges, leading to a shorter work week for the next two months. “Warmer weather than usual this winter and permitting delays have hampered log deliveries, resulting in a temporary timber supply challenge,” said Joyce Wagenaar, director of communications for West Fraser. Wagenaar said employees at their Williams Lake sawmill have collectively agreed to adjust to a four-day work week for the next eight weeks to address the supply issue. While tariffs on exports to the United States are on the minds of many, especially those in the forest industry, Wagenaar did not attribute the reduced work week to the ongoing trade dispute. ‘West Fraser is taking a number of proactive steps, including maintaining close communications with our provincial and federal governments to assist in their discussions on these matters,” said Wagenaar. [END]

Read More

In Memory of Steve Tolnai: Sopron Student, B.C. Forester, Lifelong Steward of the Land

Tribute Archive
April 11, 2025
Category: Business & Politics
Region: Canada, Canada West

Steve Tolnai

Steve was born on a farm in a tiny village in southern Hungary on May 17, 1935. His childhood was filled with adventure, mischief and hard work. To further his education, he moved away from home to attend school, eventually enrolling in the Sopron University School of Forestry. This choice would prove to define his life. In 1956, history came for Steve and his fellow students as they found themselves embroiled in the Hungarian Revolution. …Plans swung into place to ship the entire Sopron Forestry School to their new home at the University of British Columbia, where they would continue their studies together. …In 1964, Steve met Joan Yorston, the love of his life, marrying her in 1966. They moved to Kamloops in 1973, folded three children into the mix, and lived out the next 52 years of their lives in the same house on a hill in the South of Kamloops.

…As the Chief Forester for Weyerhaeuser Canada, Steve had a large influence on forestry practices in British Columbia, culminating with is work on Tree Farm Licence 35, located to the North West of Kamloops, where he sought to implement his ideas for sustainable forestry. Over his years as a forester he would win many awards and hold many honours, including the Association of BC Professional Foresters Distinguished Forester Award in 1998, and President of the Canadian Institute of Forestry from 1995-1996, before retiring in 1999.

Read More

Industry vet’s take on value-added wood plan as U.S. threatens higher lumber duties

By Gloria Macarenko
CBC Radio News
April 8, 2025
Category: Business & Politics
Region: Canada, Canada West

AUDIO STORY: John Brink, CEO of Brink Forest Products, talks to host Gloria Macarenko about the economic potential for value-added wood products in B.C. and the impact of higher duties and tariffs from the U.S.

Read More

BMI Group wants to put ‘wood back to work’ with Espanola bio-hub mill concept

By Ian Ross
Northern Ontario Business
April 11, 2025
Category: Business & Politics
Region: Canada, Canada East

Paul Veldman

Paul Veldman said his BMI Group wants the highest and best use for the idled pulp and paper plant in Espanola. The CEO of the southwestern Ontario brownfield redevelopment outfit is targeting late May to finalize a deal with Domtar to acquire the mill, a 16-megawatt hydroelectric asset, plus hundreds of acres of brownfield land and woodlands. The mill closed in 2023, taking away 450 jobs. Neither BMI or Domtar are disclosing the purchase price. Veldman said BMI had been spying Espanola as an acquisition target for a year, with discussions with Domtar heating up over the last couple of months when other suitors started coming forward. It culminated in the signing of an asset purchase agreement this week. …Veldman said BMI has latched onto the global phenomenon of alternative fuels and emerging technologies that create those products from wood fibre. …For Espanola Mayor Doug Gervais, there’s a palpable sense of relief in the community…

Read More

New owners plan to redevelop former Espanola paper mill and ‘put wood back to work’

By Jonathan Migneault and Aya Dufour
CBC News
April 10, 2025
Category: Business & Politics
Region: Canada, Canada East

ESPANOLA, Ontario — A property redevelopment company has bought the shuttered pulp and paper mill in Espanola, a year and a half after Domtar indefinitely idled the plant and cut 450 jobs. Tillsonburg-based BMI Group announced the acquisition on Thursday, while Domtar says the closing of the sale is still “subject to customary regulatory approvals.” …The Espanola mill still has 32 employees who have continued to manage and maintain the site. BMI Group says it’s ready to start retooling the infrastructure for new uses. The company said it has successfully done this at properties in Ontario, Quebec and Michigan.  He says they are definitely focused on what opportunities there are to continue processing forest products there, including paper or new kinds of biofuels. Like other former mills the company has bought, there are “environmental challenges” including an on-site landfill that they’ll need to work with the province on executing a “closure plan.”

Read More

Stella-Jones Announces the Appointment of Wesley Bourland as Senior Vice-President and Chief Operating Officer

By Stella-Jones Inc.
Globe Newswire
April 10, 2025
Category: Business & Politics
Region: Canada, Canada East

Wesley Bourland

MONTREAL — Stella-Jones Inc. today announced the appointment of Wesley Bourland as Senior Vice-President and Chief Operating Officer, effective April 14, 2025. Mr. Bourland joins Stella-Jones with a wealth of experience as a senior operations professional. He served most recently (2024–2025) as Chief Operating Officer for a leading supplier of hardwood lumber in North America, Europe and Asia, where he was responsible for 30 manufacturing and warehousing facilities across the U.S., including sawmills, concentration yards, and distribution facilities, and served as its Vice President of Operations from 2021 to 2024. …A trained Mechanical Engineer with a Bachelor of Science from the University of Texas at Austin, Mr. Bourland will leverage his expertise in manufacturing, strategic planning and process optimization to steer the Company’s operations and deliver further alignment in key areas of the business, such as Procurement, Environment, Health and Safety, and Engineering and Innovation.

Read More

Maine’s lumber industry grapples with cross-border subsidy challenges

By Don Carrigan
News Center Maine
April 10, 2025
Category: Business & Politics
Region: Canada East, United States

Maine’s lumber industry has survived the ups and downs of markets for over a century. Maine’s lumber industry has been part of a complex relationship with Canada. Quebec and New Brunswick wrap around northern Maine, and in some cases, the border between countries has been largely irrelevant. That relationship is evident in Madawaska, where Twin Rivers operates a paper mill paired with a pulp mill across the St. John River in Edmundston, New Brunswick. The two mills are connected by a pipeline that carries wood pulp from one country to another to be made into paper. The Maine / Canada connection is also visible in other ways. Irving owns large tracts of forest land in Maine and has three sawmills in the state. Logs from the Maine woods are hauled across the border to be sawed into lumber, some of which is then sold back into the US.

Read More

‘We look a little stupid,’ says Quebec manufacturer stung by Canada’s counter-tariffs

By Susan Campbell
CBC News
April 10, 2025
Category: Business & Politics
Region: Canada, Canada East

Louis Lafleur

…Louis Lafleur is the president of Les Boisés Lafleur, in Victoriaville, Quebec. They add wood veneers from maple, ash, and eucalyptus to plywood used for countertops and furniture. … He exports three-quarters of his finished product to the U.S. and was dreading duties. At first, his American clients, who were convinced tariffs wouldn’t stay in place long, said they’d pay a little more to help absorb the hit. The U.S. tariffs on his exports haven’t materialized, but in February, before he left office, Justin Trudeau announced a counter-tariff on $30 billion worth of goods entering Canada from the U.S. — including the category of wood Lafleur uses for his veneers. He imports all of his wood from the U.S., and he’s been paying a 25 per cent duty on those imports since March 4. “My clients are saying, ‘now you’re complaining because your government [adds] a tariff?’ We look a little stupid,” Lafleur says.

Read More

Is it ‘Made in USA’? The answer can be complicated

By Scott Newman
NPR – National Public Radio
April 14, 2025
Category: Business & Politics
Region: United States

As tariffs reshape supply chains, more Americans may be checking packaging for the “Made in USA” label, either to sidestep import taxes or to support domestic businesses. …According to the Federal Trade Commission, to qualify for the label, US authorities must determine that a product’s final assembly or processing has taken place in the US, and that a significant portion of its manufacturing costs must also be incurred domestically. …That said, some foreign components are allowed to still qualify as “Made in USA.” — as long as they don’t substantially transform the product. …However, bilateral trade agreements can override these rules. Under the United States-Mexico-Canada Agreement, a one-time importation of a commercial product valued under $2,500 is exempt from country of origin labeling requirements.

Read More

New tariff pressures spark structural shift in Vietnam’s timber sector

By Nguyen Thu
Vietnam Investment Review
April 10, 2025
Category: Business & Politics
Region: United States, International

Wood and wood products are among Vietnam’s top export sectors to the United States. Last year, the export value of Vietnamese wood products to this market exceeded $9 billion, accounting for 38%–40% of the total US import volume for this product group, according to the Vietnam Timber and Forest Products Association. This positions the industry as one of the nation’s top contributors to its trade surplus. In contrast, Vietnam imports only about $323 million worth of timber from the US annually, of which approximately $300 million consists of raw materials such as oak and ash. These are processed domestically into finished goods and re-exported, often back to the US market. Notably, Vietnam is now the second-largest importer of US timber globally, as the US continues its search for stable export destinations. …Vietnam’s decision to waive import duties on timber shipments from the US, is an act demonstrating the country’s cooperative intent.

Read More

United Steelworkers International union united against Trump tariffs

Globe Newswire in the Financial Post
April 10, 2025
Category: Business & Politics
Region: United States

LAS VEGAS — Canadian Steelworkers joined thousands of delegates from across the US and the Caribbean at the 2025 United Steelworkers union (USW) International Convention where a resolution calling for fair trade and an end to Trump’s reckless tariffs on Canadian goods was unanimously adopted. …USW members made it clear: Canada is not the problem. …Marty Warren, USW National Director for Canada, “These tariffs hurt workers and communities on both sides of the border. …Jeff Bromley, Chair of the USW Wood Council, “We’re not the problem – we’re here to help,” said Bromley. “We’re here to help rebuild after the fires in California, after hurricanes in the Carolinas. We’ve been your brothers and sisters, your neighbours – and we want to continue to be that. We want to grow that relationship.” The resolution calls for a permanent exemption from Section 232 tariffs… and a coordinated strategy to protect and grow union jobs across the North America.

Read More

Stock markets tumble again as China announces 84% tariffs on the US

By the Associated Press and Reuters
April 9, 2025
Category: Business & Politics
Region: United States, International

Asian and European shares slid on Wednesday, with Japan’s Nikkei 225 dipping more than 5%, as the latest set of US tariffs including a massive 104% levy on Chinese imports took effect. China announced countermeasures, saying it will raise its retaliatory tariff on the US to 84%, up from 34%, effective April 10. Japan’s Nikkei 225 closed 3.9% lower. …China has again vowed to “fight to the end,” raising tariffs on American goods to 84% to match Trump’s addition of a 50% tariff, while adding an array of additional countermeasures Wednesday. The 84% tariff will go into effect Thursday, and comes as a 104% tax on the country’s exports to the US came into effect. “If the US insists on further escalating its economic and trade restrictions, China has the firm will and abundant means to take necessary countermeasures and fight to the end” the Ministry of Commerce wrote. …Futures point to more losses for US stock markets.

Read More

Builders FirstSource continues acquisition streak

DWM Door and Window Market
April 14, 2025
Category: Business & Politics
Region: United States, US West

Builders FirstSource has announced an acquisition for the third time in four months. The company announced last week that it is taking on Truckee Tahoe Lumber Company (TTL), a family-owned business that has served the Northern Sierra-Nevada region since 1931. It’s the fourth such announcement in six months, following Rhode Island’s Douglas Lumber in October 2024; Alpine Lumber Company in Englewood, Colorado, just before Christmas; and O.C. Cluss Lumber & Building Supplies from Uniontown, Pennsylvania, in February. According to Builders FirstSource, TTL has built “a stellar reputation for providing high-quality lumber, building materials, and expert design services across its seven locations.” The company also says that local leadership will remain in place, ensuring continuity and a seamless transition.

Read More

New Hampshire timber industry officials say uncertainty around tariffs causing problems

By Kelly O’Brien
WMUR9
April 16, 2025
Category: Business & Politics
Region: United States, US East

KINGSTON, New Hampshire — Some New Hampshire businesses, including in the state’s timber industry, are worried about the ongoing effects of tariffs. The timber industry has deep roots in New Hampshire, but businesses said it’s a scary time for them with so much uncertainty caused by the tariffs. …Joseph Carrier, of Hardwood Sawmill in Henniker, said China and Canada are the two biggest countries his company ships to, but it can’t because of the tariffs. “Our two biggest markets got shut off, essentially within a week of one another,” he said. “And right now, we’re scrambling.” Related businesses such as loggers, foresters and timberland owners also say they’re affected by the tariffs. “It’s the entire supply chain. Absolutely,” said Jasen Stock, executive director of New Hampshire Timberland Owners. “From the stump right up to the two-by-four.” Northland Forest Products has been in Kingston for over 50 years. 

Read More

What is next for employees at the Chillicothe Paper Mill?

By Destiny Torres
Chillicothe Gazette
April 16, 2025
Category: Business & Politics
Region: United States, US East

CHILLICOTHE ― The white smoke from the long smokestacks in Chillicothe will be no more later this year, after 215 years in business. This comes after Pixelle Specialty Solutions announced the closure of its mill. The closure was announced April 15, according to CEO Ross Bushnell. Chillicothe Mayor Luke Feeney said his heart goes out to those affected by the closure. …Mike Throne, CEO of Chillicothe Ross Chamber of Commerce, said the Chamber’s primary concern is the well-being of the employees and their families. …The County Commissioners released a statement. …The CEO of the National Association of Manufacturers, shared deep sorrow for the closure. …”The Mead paper mill is an institution that has been part of the fabric of the community for generations,” Timmons said. …Gov. Mike DeWine said “We’re talking to our team to see if there’s anything that we can do to be of help.” [a free subscription is required to read this article]

Read More

Pixelle paper mill closure to impact 800 workers in Chillicothe, Ohio

WBNS TV
April 16, 2025
Category: Business & Politics
Region: United States, US East

CHILLICOTHE, Ohio — The Pixelle paper mill in Chillicothe will soon close, impacting about 800 employees. Ross Bushnell, president and CEO of Pixelle Specialty Solutions, called the decision “extremely difficult” in a statement released Tuesday. The company cited an effort to “align its operational footprint with long-term business objectives” as part of its reason for closure. Operations are expected to wind down in phases over the coming weeks. About 800 employees will be without a job. …Throne said, “Closing a cherished, long-standing institution creates a void that will be felt throughout Chillicothe.” Pixelle said “this difficult but necessary decision will allow Pixelle to strengthen its remaining operations and maintain its competitive position in the specialty paper market. …Production will be consolidated at Pixelle’s Spring Grove, Pennsylvania, and Fremont, Ohio, facilities. The closure marks the latest in a series of strategic moves for Pixelle, which recently divested its Stevens Point, Wisconsin, mill to Ahlstrom. 

Read More

Jasper Lumber (Alabama) Investing $135 Million to Become State-of-the-Art Sawmill Facility

Trade and Industry Development Alabama
April 14, 2025
Category: Business & Politics
Region: United States, US East

Jasper Lumber Company is nearing completion on a long-term investment of more than $135 million to upgrade its sawmill facility with state-of-the-art, high-technology equipment that will position the company to be competitive and profitable in the marketplace for decades to come. Work began on mill improvements in 2020 and will reach completion in 2026. “This is huge for Jasper and comes at a time when many companies are looking at ways to downsize,” said Jasper Mayor Gary Cowen. “Jasper Lumber has long been a major employer in our city and is making an investment that really shows their commitment to the area.” Production capacity will increase to nearly 225 million board feet annually, up from 65 million, through mechanical and technological upgrades in the mill that will require a highly skilled labor force to operate and maintain the mill.

Related content:

Read More

Tariffs could get in the way of a new manufacturing facility in Maine

By Jacob Murphy
WMTW TV 5
April 14, 2025
Category: Business & Politics
Region: United States, US East

Tariffs could impact efforts to rebuild a former paper mill in Jay that was destroyed in an explosion almost five years ago. Godfrey Wood Products is looking to build a new factory on the property that would manufacture oriented strand board, a type of structural wood paneling. The company says that they have all of the permits they need, but they haven’t been able to move forward with construction because of uncertainty with tariffs. A lot of the equipment they need would come from Europe. “The stated goal of all of this tariff business is to, incentivize domestic manufacturing. Well, hell, I’m trying my level best to become a domestic manufacturer of OSB in Jay, Maine, and it seems like the public policy of the country is trying to thwart that,” said John Godfrey, owner of Godfrey Wood Products.

Read More

US Lumber Coalition Comments on Chris Matthews Softwood Lumber Remarks on MSNBC’s Morning Joe

By The US Lumber Coalition
PR Newswire
April 10, 2025
Category: Business & Politics
Region: United States, US East

WASHINGTON — “The comments by Chris Matthews on MSNBC’s Morning Joe that the United States cannot make more lumber to replace unfairly traded imports is a clear demonstration of the media bias against President Trump’s appropriate US trade law enforcement. Canada’s misinformation campaign against President Trump’s trade law enforcement priorities and support for increasing US softwood lumber production has facilitated these types of misrepresentations by many in the media. All in an effort to maintain Canada’s unjustified US market share for their dumped and subsidized lumber products,” stated Andrew Miller, Chair/Owner of Stimson Lumber Company. “As President Trump has said many times, we do not need Canada’s unfairly traded lumber imports,” added Mr. Miller. “Canada and the National Association of Home Builders (NAHB) are trying to create the false impression that enforcing our trade laws is somehow an attack on Canada and US consumers.  

Read More

US and global economies to slow sharply due to Trump’s tariffs, International Monetary Fund warns

By Olesya Dmitracova
CNN Business
April 22, 2025
Category: Business & Politics
Region: International

London—President Donald Trump’s unpredictable tariff policy and countermeasures by America’s trading partners will likely deal a heavy blow to economies worldwide, with US prosperity hit particularly hard, the International Monetary Fund warned Tuesday. Global economic growth will slow to 2.8% this year, from 3.3% last year and significantly below the historical average, the IMF forecast in its World Economic Outlook. The slowdown expected in the United States is even steeper, with its economy likely to grow only 1.8% in 2025, compared with a 2.8% expansion in 2024. Both predictions are more pessimistic than the fund’s January projections, which came before Trump’s flurry of tariff announcements took America’s average import tax to its highest level in a century. …North America, just like all regions, can’t expect any upside from the tariffs further down the line. “The long-term impact of the tariffs, if they are maintained, (will be) negative for all regions, just like the short-term impacts,” Gourinchas said.

Read More

Russian Timber Should Expect Growth – Putin Tells Government

By Jason Ross
Wood Central Australia
April 15, 2025
Category: Business & Politics
Region: International

Russia’s timber industry, once worth $20 billion per year, still has very strong prospects for growth. That is according to Vladimir Putin, who spoke up about the industry during a government meeting yesterday. “I would like to note that the forestry industry has good prospects and large reserves – I would like to emphasise this: large reserves and good prospects for growth.” Putin commissioned three processing facilities: a particleboard plant in Kaluga, a decorative laminated paper plastic mill in Leningrad and a liquid food packing production floor in Moscow. This comes amid reports from Russia showing that transport companies have already begun lowering their costs—in preparation for Western companies potentially re-entering the market if and when Putin signs a ceasefire with Ukraine—leading to the relaxation of sanctions, which have already crunched more than 30% of Russia’s export markets.

Read More

Challenging Situation for the Swedish Forest Industry

By Hilde-Gunn Bye
High North News – Nord University
April 16, 2025
Category: Business & Politics
Region: International

Swedish forestry companies have had a tougher start to 2025 than expected, according to a report from the Swedish Forest Industries Federation, which represents companies in the wood processing, paper, and wood mechanical industries. The report points to a combination of higher costs and lower demand, which has taken a toll on Swedish sawmills and pulp and paper producers. In addition, increased tariffs create uncertainty, as well as the strong Swedish krone. Sweden is one of the world’s largest exporters of pulp, paper, and sawn wood products. According to the Swedish Forest Industries Federation, more than 80 percent of the products are exported and the largest market is Europe. Several of the major forestry companies have production sites in Northern Sweden. Holmen’s two sawmills are outside of Skellefteå and Umeå, while SCA is located in Piteå municipality. The Swedish-Finnish company Stora Enso has two facilities in Northern Finland.

Read More

International Paper to Divest Five European Corrugated Box Plants

PR Newswire
April 14, 2025
Category: Business & Politics
Region: International

International Paper (“IP”) today announced that the company has entered into exclusive negotiations with PALM Group of Germany after receiving an irrevocable offer for the purchase of five corrugated box plants in Europe: (i) three plants in Normandy, France (namely, one box plant in Saint-Amand, one box plant in Mortagne, and one sheet plant in Cabourg); (ii) one box plant in Ovar, Portugal; and (iii) one box plant in Bilbao, Spain. Upon completion of the required French works council consultation and/or employee information processes, the parties expect to enter into a definitive share purchase agreement. The closing is expected by the end of the second quarter of 2025.

Related content:

Read More

How a Canadian lumber company is grappling with US tariffs

By Reuters
You Tube
April 14, 2025
Category: Business & Politics

[VIDEO STORY] Canada’s softwood lumber industry is grappling with its future, as it tries to assess the impact and fallout of US President Donald Trump’s tariffs. The US announced it would raise the duty on softwood lumber from Canada from 14.45% to 34.45%. Nick Arkle is the CEO of Gorman Group, the company specializes in high-end wood often used in the American home building and renovation market. “About 55% of our volume would actually go to the US but it would be more than likely about 70% of our value”, Arkle says. The company sells to 38 countries around the world at lesser volumes than the US and will now be looking elsewhere. “Demand for affordable housing is increasing all the time and I believe demand for wood is going to exceed the supply in the future and that’s going to be a North American issue”.

Read More