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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...

Canfor Plans $120 Million Georgia Sawmill

Canadian lumber giant Canfor Corp. has announced plans to build a $120 million (USD), state-of-the-art sawmill in Washington, Georgia. The new softwood lumber mill will have a production capacity of 275 million board feet and produce high-value dimension and specialty...