Billerud Cancels Expansion, Yet Remains Committed to Facility
Officials with Billerud announced in late May that the company will not go through with a major $1 billion expansion and conversion to cardboard production at its Escanaba, Mich. plant. The move comes after Michigan committed to more than $200 million in incentives to support the project. Company executives said current market dynamics don’t support such a plan, yet they remain committed to the plant and its three paper machines as a key part of their North American strategy.
The company acquired the Escanaba plant from Verso in 2022, and the facility remains a major market for the region’s loggers who supply pulpwood and hog fuel to the facility. While the local economy and forest products interests were disappointed with the announcement, Billerud executives say they will continue to invest in technology and efficiency at the plant.
Latest News
OLC Raises College Scholarship Funds
A group of 23 teams and many generous sponsors helped raise more than $61,000 at the 5th Annual Oregon Logging Conference Foundation (OLCF) Clay Target Tournament fundraiser held on September 8, 2023. Proceeds will provide college and technical scholarships to be awarded by the OLCF. “Once again we are very fortunate to be able to hold this fundraiser and at the end of the day, we raised more than $61,000 which will provide financial assistance to the next generation workforce in our industry,” said event chair and OLC Board Member Jeanne Shuttleworth…
West Fraser To Sell Two Pulp Mills
West Fraser Timber Co. Ltd. and Atlas Holdings have announced the signing of a definitive agreement for the sale of West Fraser’s Quesnel River Pulp mill in Quesnel, British Columbia and its Slave Lake Pulp mill in Slave Lake, Alberta to Atlas. Atlas owns and operates several pulp, paper and wood products businesses in Canada and the U.S. The agreement includes related woodlands operations and timber holdings in Alberta and a long-term fiber supply agreement for the Quesnel facility…
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