Atlas Engineered Products has secured its first large wall panel order out of its Atlas Building Systems location in Nanaimo, British Columbia and has already begun manufacturing and shipping for this project.
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The need for this amendment arises in the wake of a significant downturn in the lumber market, where Benchmark SPF lumber prices saw a 50% reduction in 2023, leading to a negative EBITDA for Conifex.
The 30-year fixed-rate mortgage remained below 7% for the second week in a row.