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Canfor To Acquire South Carolina’s Elliott Sawmilling Co.

Canadian wood product leader Canfor Corp. has purchased South Carolina-based Elliott Sawmilling Co. for $110 million. The purchase price represents a 4.3 times earnings before interest, tax, depreciation, and amortization (EBITDA) multiple based on Elliott’s...

Virginia’s State Forests Earn SFI, ATFS Certifications

All of the state forests in Virginia are now certified to the Sustainable Forestry Initiative and American Tree Farm System standards. The Virginia Department of Forestry says that covers more than 68,000 acres across the Commonwealth. The state forest system gets no...

Hurricane Michael Damages Millions Of Acres In Southeast

From: Southern Loggin’ Times Editors Hurricane Michael made landfall October 10 near Mexico Beach, Fla., then moved on across parts of Alabama and into Georgia, the Carolinas and southeastern Virginia. Packing 155 MPH sustained winds, Michael came in just a mile...