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.
Latest News
Paper Excellence Group Buys Resolute Forest Products
The Paper Excellence Group (PEG) has signed a deal to buy Resolute Forest Products Inc. in an agreement that values the company at $2.7 billion U.S. In a statement, Patrick Loulou, PEG chief strategy officer, said Resolute is an ideal fit for the…
Lumber Markets Keep Growing
Teal Jones Group marked the beginning of construction of an $110 million SYP sawmill near Plain Dealing, La. on July 11 with a groundbreaking ceremony. Canada-based Teal Jones Group had disclosed in December it was…
Have A Question?
Send Us A Message