The Globe and Mail reports in its Wednesday edition Western Canadian lumber producers have good reason to be
looking to the American South. A Bloomberg dispatch to The Globe says chased from their home forests by rising
costs and a plague of tree-killing beetles, West Fraser Timber, Canfor and Interfor
have been on a buying spree, doubling the number of
mills they own in the South since 2009 to about 34. The Canadians
are drawn by the region's 210 million acres of fast-growing
forests and expanding housing markets from Texas to
Virginia to Florida. Since the late 1990s, the mountain pine beetle
has attacked and killed more than 700 million cubic metres
of pine trees in the inland forests
of British Columbia, Canada's top lumber-producing province. That is equivalent to
about 700 million standard telephone
poles. Warmer winters allowed beetle
populations to get out of control
in B.C.'s lodgepole pine forests,
as well as in neighbouring Alberta and parts of the U.S.
West. Billing itself as the world's
fastest-growing lumber maker,
Interfor last week completed the
purchase of a mill in Monticello,
Ark. It was the third Southern
mill the company acquired this
year, raising its total to nine.
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