Sawmills in US South have 25-30% margin and those in Eastern Canada just around 10-15%

Lesprom Network
October 16, 2017
Category: Business & Politics
Region: Canada, Canada West

Russ Taylor

BC Interior has an advantage over the West coast of USA, but mainly because of currency. If there were any subsidies, American companies would be buying mills in Canada and they are not. There are three companies in BC that have purchased 48 sawmills in the U.S since 2004. Interview with Russell Taylor, President at Wood Resources International. In August International Wood Markets Group was sold to Forest Economic Advisors. Why did you decide to sell the company? [Russ] I think that it is mainly a succession strategy. FEA is very heavily focused on North America. We’re focused on North America too and we do a lot of international reports and research. So the idea was to consolidate our experiences and expand the international exposure for FEA. It’s very much a win-win situation. 

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