The Navigator Company to increase prices in North America

Supremex Inc. announced a plan to further optimize its Canadian envelope operations by reducing expenses and improving resource allocation. Supremex will be closing its Edmonton facility and reducing its Canadian envelope facility headcount by a total of 39 employees, or approximately 5% of its total workforce. These measures will result in annual cost reductions of approximately $2.4 million, before taxes, which will begin to materialize in the current quarter and throughout the first three quarters of 2021 as operations wind down in Edmonton. A one-time charge of approximately $2.5 million, before taxes, will be recorded in the Company’s 2020 fourth quarter results.

SCA’s Wifstamon nursery had its seed extraction premier this past winter. Using an in-house developed kiln and seed separator, SCA can now process cones to obtain seeds from its own pine seed plantations. In the seed extraction process, the cones open up and release their seeds. It may sound simple, but it requires a quality-assured work method so as not to damage the valuable seeds. For many years, SCA has hired a contractor for its cone kilning, but as of this year, the company can process a large share of the cones itself. “It's good to be able to do some of the extraction in-house,” says Marlene Lagergren, who was the project manager for the project. “In addition, we create employment over the winter in our otherwise very seasonal business. And we enhance our skills,” adds Anders Tolblad, Manager at NorrPlant.

Canfor Corporation is excited to announce it will invest approximately $160 million USD to build a new, state-of-the-art sawmill near DeRidder, Louisiana. The Company is pleased to be receiving significant state and local incentives in support of the project. The facility will have an annual production capacity of 250 million board feet on a two-shift basis and will directly employ about 130 people plus create significant additional indirect jobs. The Louisiana facility will have manufacturing capacity and flexibility to produce a wide variety of highvalue wood products for our customers. Startup is expected to commence late in the third quarter of 2022. The investment in Louisiana is in addition to the approximately $300 million of 2021 capital spending, including about $200 million for the solid wood and pulp operations in Western Canada and $100 million for the solid wood operations in the U.S. South.