2018 International Forest Industries IFI Aug Sept 2018 Digital | Página 15

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LUMBER PROCESSING NEWS

Maibec sells two sawmills to Group Lebel

Maibec concluded a transaction with Groupe Lebel of Rivière-du- Loup for their acquisition of the Maibec lumber mills located in St- Pamphile , Quebec and Masardis , Maine . The 315 employees of Maibec that are concerned by this transaction will maintain their employment with Groupe Lebel . “ Maibec will now focus on growing its pre-stained exterior siding ’ s systems based on lap sidings and shingles manufactured with solid wood or wood-based engineered material . Maibec recently announced the launching of the Maibec Resistech ® siding systems manufactured on LP SmartSide ® from Louisiana-
Pacific ,” added François Tardif , president of Maibec .
Maibec inc . is a family owned company from Quebec which has been involved in wood products manufacturing since 1946 . Maibec is the most important Canadian manufacturer of genuine wood sidings and also the most important manufacturer of white cedar shingles in the East of North- America .
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Rayonier reports improved revenues of $ 245.9m in 2Q

Rayonier Inc . reported 2Q 2018 net income of $ 36.3 million , or $ 0.28 per share , on revenues of $ 245.9 million . This compares to net income of $ 26.2 million , or $ 0.20 per share , on revenues of $ 201 million in the prior year quarter .
2Q 2018 operating income was $ 51.6 million versus $ 46.9 million in the prior year period . 2Q adjusted EBITDA was $ 111.3 million versus $ 86.8 million in the prior year period .
“ We are pleased to report strong results for the 2Q ,” said David Nunes , President and CEO . “ Southern Timber volumes increased 10 % relative to the prior year quarter , as we fully integrated our prior year acquisitions in coastal Florida , Georgia and South Carolina . Weighted-average stumpage prices in Southern Timber were relatively flat compared to the prior year quarter .
“ Pacific Northwest Timber results improved significantly driven by 36 % higher harvest volumes and a 26 % increase in both delivered sawtimber and pulpwood prices relative to the
David Nunes , President & CEO Rayonier Inc
prior year quarter , reflecting strong domestic and export market conditions .
Excluding the prior year quarter timberland sales , New Zealand Timber results also improved significantly , driven by 20 % higher harvest volumes and a 9 % increase in both export and domestic sawtimber prices .”
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International Forest Industries | AUGUST / SEPTEMBER 2018 13