Header

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 Forest Products Economy Continues To Grow

Virginia set a new record for the volume of timber harvested with slight increases in both hardwood and softwood volume compared to the previous year, according to the Virginia Department of Forestry’s analysis of the Virginia Forest Products Tax receipts from Fiscal...