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Forestry firms in Chetwynd hedge 1996 hopes
In a forecast for 1996, forestry firms in the Chetwynd area expect a year similar to 1995 with slow demand and low prices. Louisiana Pacific’s Bob Fornelli foresees under $3 million in capital spending and possible midyear price and demand gains. Canfor and Chetwynd Forest Industries anticipate limited expansions, with adjustments in waste wood handling and equipment to lift log value, while competition from eastern Canada and southern U.S. markets grows.
MENTIONED IN THIS ARTICLE
Louisiana Pacific Pulp Mill
Chetwynd
The
Echo
Bob Forelli
Fornelli Krnvicded
Canfor
Duane Gardiner
Cantor
Gardiner
Mackenzie