Familiar Face Behind Peak Renewables
Recently, Peak Renewables purchased Canfor’s forest tenure in the Fort Nelson region and Canfor’s Fort Nelson mill assets, including an idle sawmill and OSB facilities. The site reportedly has buildings, a log pond and a biomass energy plant. The new mill will export its pellets to Asia.
The Peak Renewables executive team includes founder and chairman, Brian Fehr. He is a co-founder of BID Group, which had tremendous success with the turnkey supply and construction of sawmills in the Southeast U.S.
Latest News
Coalition Supports Duty Upgrade
U.S. Dept. of Commerce announced the preliminary determination of a combined anti-subsidy and anti-dumping duty rate of 8.24% in the fourth annual review of allegedly subsidized traded Canadian softwood lumber imports into the U.S. The review covers…
Canfor Plans New BC Sawmill
Canfor Corp. stated that to better align manufacturing capacity in British Columbia with the available long-term fiber supply, it is restructuring its BC operations by permanently closing its Chetwynd sawmill and pellet plant and temporarily closing its Houston sawmill for an extended period to facilitate…
U.S. Housing Starts Were Soft In January
U.S. housing starts began the new year ticking downward 4.5% in January from December to a seasonally adjusted rate of 1.309 million starts. Single-family starts came in at a rate of 841,000 in January, down 4.3%, while multi-family (five units or more) were at 457,000, down 5.4% from December…
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