Conifex Timber Inc.
Montreal Firm to Buy Conifex Mills for More Than $163M
A Montreal company says it will buy two Arkansas sawmills and another in Florida owned by Conifex Timber Inc. for more than $163 million. read more >
by Lance Turner -
Timber Industry Slowdown May Signal Recession
The country may be headed for another recession, timber industry experts told Arkansas Business last week after Conifex Timber Inc. of Vancouver, British Columbia, announced an indefinite suspension of operations at its El Dorado sawmill. read more >
Update: Conifex Timber to Suspend Operations at El Dorado Plant
Conifex Timber Inc. of Vancouver says it is "indefinitely curtailing" operations at its El Dorado sawmill. read more >
A Decade After Recession, Arkansas Timber Industry Reborn
The timber industry, the biggest employer in south Arkansas, has recovered in the decade since the Great Recession. That doesn’t mean it will ever be the same. read more >
by Jan Cottingham -
Conifex’s Brett Bray Assures ‘Good Balance’ Won’t Leave Arkansas, Canada Dry
Brett Bray, the U.S. operations chief for Conifex Timber, talks about transport, trade, and plans for more investment in Arkansas. read more >
Brett Bray Named VP at Conifex (Movers & Shakers)
Brett Bray has been appointed as vice president of U.S. operations for Conifex Timber Inc. Nick Austin has been hired as city president for Citizens Bank’s Crossett market. read more >
Conifex Puts Brett Bray in Charge of U.S. Plants
Conifex Timber Inc. of Vancouver appoints Brett Bray as vice president of U.S. operations, overseeing Conifex's sawmill in El Dorado and its recently acquired plants in Glenwood and Cross City, Florida. read more >
by Lance Turner -
South Arkansas Timber, Proximity to Texas Attracts Conifex
Ken Shields, Conifex's president and CEO, spoke to Arkansas Business late Wednesday about why the Glenwood plant in the southern part of the state was an attractive buy. read more >
Conifex Completes Acquisition of Arkansas, Florida Sawmills
Conifex Timber Inc. of Vancouver completes its acquisition of the Suwannee sawmill in Cross City, Florida, and the Caddo River sawmill in Glenwood, Arkansas, in a deal worth more than $250 million. read more >
Conifex Timber Buys Sawmills in Arkansas, Florida
Conifex Timber Inc. of Vancouver says it will buy two sawmills in Arkansas and Florida, part of a deal worth more than $250 million. read more >
Arkansas Timber Rides Wave Of Demand
This year’s hurricanes are likely to boost Arkansas’ timber industry, which was already experiencing a surge of new investment. read more >
by Marty Cook -
Conifex Timber to Re-start El Dorado Mill, Create 120 Jobs
Conifex Timber Inc. of Vancouver says it will invest $80 million in modernizing and re-starting a sawmill in El Dorado, creating 120 full-time jobs. read more >
Conifex Timber Gets $130M to Restart El Dorado Sawmill
Conifex Timber Inc. of Vancouver said this week that it received a $130 million secured revolving credit facility to fund the modernization and restart of its sawmill in El Dorado. read more >
Climate Change Drives Canadian Lumber Buying Spree
Milder winters and warmer summers have meant higher survival rates for the mountain pine beetle, which has triggered an epidemic that began in the 1990s which had killed by 2012 946 million cubic yards of pine trees in British Columbia. More than 45 million acres of forest have been affected. read more >
by Jan Cottingham -