Tembec CEO expects high lumber prices will prevent layoffs for now
But situation could change in Quebec if prices fall during the end to the home construction season.
Lower Chinese lumber, pulp demand until mid 2012: Tembec
Forest products company Tembec says that Chinese demand for Canadian lumber and pulp has peaked and will remain soft throughout the winter.
Lumber industry ripe for consolidation: Tembec CEO
Persistently low prices make Canada’s lumber industry ripe for consolidation, but it’s not clear who would be willing to take the plunge, says Tembec’s chief executive.