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...
Sep 10, 2018 | News, News/PR
Construction on a $110 million new Rex Lumber sawmill and dimensional lumber production plant in greater Troy, Ala., started on July 17, 2018, and is expected to be completed in the spring of 2019 with operations beginning in June. The 80-acre earthwork and site...
Nov 20, 2017 | News, News/PR
From: Southern Loggin’ Times Editors Two Canadian-based companies, both in recent years having purchased and now operating multiple sawmills in the U.S. South, are considering building greenfield sawmills in the South. Interfor reports it has completed a...
May 19, 2017 | News, News/PR
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,...
Dec 19, 2014 | News, News/PR
Interfor announced today that it has reached agreement with Simpson Lumber Company, LLC to acquire Simpson’s sawmill operations in Meldrim, GA, Georgetown, SC, Longview, WA and Commencement Bay, WA. The Sawmill Operations are located within geographic proximity of...