Domtar Closing Fluff Mill In Alabama
In a statement, Domtar explained, “The Coosa Pines mill has been challenged by difficult market conditions, as well as its aged assets, resulting in high costs of maintaining and operating the facility, underscoring the need for this strategic decision.”
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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 twelve...
Oregon DOF Sends Teams To Support Hurricane Michael Relief Efforts
Due to the extensive destruction caused by Hurricane Michael, the Florida Division of Emergency Management has requested additional Incident Management Teams. The Oregon Department of Forestry said Thursday it is filling this request, working with Oregon’s Office of...
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