North Alabama Sawmill Announces Closure
In north Alabama, Southern Parallel Forest Products Corp. announced plans to shut down its Albertville location, affecting approximately 62 employees. The closure is expected to take effect in April 2026. The company submitted a notice under the Work Adjustment and Retraining Notification (WARN) Act, which requires employers to alert officials ahead of significant layoffs or plant closures. The filing lists the action as a permanent closure rather than a temporary layoff. Local officials have not yet released details on the reason for the shutdown.
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Weyerhaeuser Buys Plum Creek, May Sell Pulp Mills
From: Southern Loggin' Times Staff Weyerhaeuser Co. and Plum Creek announced a merger that will leave nearly two-thirds majority ownership in Weyerhaeuser shareholder hands. The combined company creates a $23 billion timber REIT (Real Estate Investment Trust) with...
Canfor Completes Acquisition Of Arkansas’ Anthony Forest Products
Canfor Corp. has completed its acquisition of Anthony Forest Products for $93.5 million, including $15 million in working capital. The El Dorado, AR-based AFP operates six facilities, including a sawmill, two lumber laminating plants, two chip plants and an I-joist...
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