West Fraser Timber reports Q3 loss on lower lumber sales

The Tree Frog Forestry News
October 24, 2024
Category: Today's Takeaway

West Fraser Timber reported a Q3, 2024 loss, with lumber accounting for much of the lower revenues. In related news: Stora Enso faces similar headwinds; CPKC railway reports Q3, 2024 earnings; and Russ Taylor releases a global Forest Sector Outlook report. Meanwhile: Paper Excellence Group rebrands as Domtar; more US coverage of National Forest Products Week; and mass timber features—courtesy of the America Wood Council, Clemson University and Mississippi State University.

In Forestry news: countries clash over funding to restore biodiversity at COP16 as journalists bemoan US, Canadian, Colombian and UK inaction; Canadian wildfire fighters seek better pay and support; Canada looks to AI to optimize biomass sorting; and ENGOs pan California’s plan to build new wood pellet plants.

Finally, plagued by invasive plants? The Victoria Airport Authority is hiring goats.

Kelly McCloskey, Tree Frog Editor

Read More