Nov 15, 2018 | News, News/PR
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...
Jul 16, 2018 | News, News/PR
Tariffs are a hot topic right now. But the tariff on Canadian lumber being sold into the U.S. is slightly different than some of the others you’ve been hearing about. This tariff took effect last year. Mississippi’s sawmills are busier than they were this...
Mar 23, 2018 | News, News/PR
Attracting new corporate headquarters to Georgia draws lots of attention — deservedly so. Announcements of business expansions are similarly celebrated, again as they should be. And the idea of creating manufacturing jobs in America is seemingly today’s holy grail. So...
Feb 10, 2017 | News, News/PR
Conifex Timber Inc., a forestry and sawmilling company, recently announced it is modernizing and will re-start a state-of-the-art sawmill complex in El Dorado, Arkansas. The site was formerly owned by Georgia-Pacific. Conifex will create approximately 120 jobs and...
Jan 4, 2017 | News, News/PR
Conifex Timber Inc. of Vancouver said this week that it received a $130 million secured revolving credit facility to fund the modernization and restart of its sawmill in El Dorado. The company, whose lumber products are sold in the U.S., China, Japan and Canada, said...
