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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...

International Paper To Invest $300 Million In Alabama Mill

International Paper is investing $300 million in its Riverdale Mill in Selma to help grow its industrial packaging business. The announcement was made Friday at the company’s headquarters in Memphis, Tennessee. “I think it’s pretty exciting in terms of investment in...