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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FRC Purchases Land Management Group
Forest Resource Consultants, Inc. (FRC) announced the acquisition of Land Management Group, LLC (LMG). LMG is a forestry consulting, appraisal and brokerage services company based in Statesboro, Ga. Since 1974, LMG, previously known as Lanier-Brookins,…
Chunk Of Timberland Sold In U.S. South
Ontario Teachers’ Pension Plan Board’s Tamarack Timberlands LLC, an investment vehicle owned by Ontario Teachers, has assumed ownership of 870,000 acres of timberland in the U.S. South from Resource Management Service (RMS). The large-scale timberland…
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