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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 Governor Announces New Lumber Sales To Mexico

Governor Terry McAuliffe recently announced new export opportunities for Virginia lumber products following his recent trade and marketing mission to Mexico. Lumber sale agreements were reached between Northwest Hardwoods, Inc., which has a location in Buena Vista,...