ACTG 2010 Lecture Notes - Lecture 2: Stumpage, Canfor, Weyerhaeuser
12 Jul 2016
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In 2006, peter understood that confor needs diversification. Word was that some of the new south (a company in myrtle beach, south carolina) shareholders might want to sell. Main overseas supplier of new south was an austrian named klausner who manufactured lumber in austria and germany. Jim shepherd (ceo of canfor) and klausner wanted to jointly buy new south, but due to. Klausner"s financial problems canfor bought the entire new south (this made it easier to manage). After the new south company purchase, they acquired four sawmills, one remanufacturing facility, two lumber treatment plants, a truck company, and an international import business. New south was a success in expanding in the. Softwood lumber has been a long dispute, since before the second world war, this has affect the industry a lot and british columbia accounts for 60% of canada"s softwood lumber exports, so it"s a popular target.
