Teal-Jones files for creditor protection, may sell assets

Tree Frog Forestry News
April 29, 2024
Category: Today's Takeaway

BC-based Teal-Jones was granted court protection from creditors while it seeks to raise cash. In related news: Russ Taylor’s ‘not so rosy’ outlook for BC and US lumber mills; mill closures ripple through Montana’s economy as state launches tool to help displaced workers; Alaska proposes tax relief for timber businesses; and Roseburg’s soon-to-be-shuttered particleboard plant is a polluter. Meanwhile: Canada invests in a Quebec molded plywood company; and Kimberly-Clark reports positive Q1 results.

In Forestry/Wildfire news: Alberta ENGO’s pan West Frasers’ logging plans; BC First Nations rediscover the cultural use of burning; lax laws said to ignite BC wildfire risk; Newfoundland’s volunteer fire crews get ready; Oregon wants home owners to do more; and Redding California’s firefighting attack base. Meanwhile, why working forests are vital to climate mitigation in the US and in Portugal

Finally, inside America’s mass timber movement — a CBS News feature.

Kelly McCloskey, Tree Frog Editor

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