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Western Producer Goin’ South

Western Producer Goin’ South

Western Producer Goin’ South       Idaho Forest Group (IFG) is building a sawmill in Lumberton, Miss. in Lamar County. The project is a $120 million corporate investment and will create up to 135 jobs. Headquartered in Coeur d’Alene, Idaho, IFG operates...
Western Producer Goin’ South

Hankins Plans Timbers Mill In Mississippi

Hankins Plans Timbers Mill In Mississippi       Hankins Lumber is building a timbers sawmill in Grenada County, Miss. The project is a $12.5 million investment and will create 43 jobs. It’s expected to operational in the spring. The new Hankins Timbers...
Make That Two U.S. Sawmills For Austria’s Binderholz Group

Make That Two U.S. Sawmills For Austria’s Binderholz Group

Make That Two U.S. Sawmills For Austria’s Binderholz Group       Austria-based Binderholz Group has purchased, through auction, the bankrupt Klausner Lumber Two LLC sawmill operation in Enfield, NC for $83.4 million. Binderholz had already purchased, at...

Jasper Lumber Teams With Tolko Industries

Tolko Industries (U.S.) Ltd. and Jasper Lumber Co. announced a 50-50 joint-venture partnership in Jasper’s existing southern yellow pine sawmill, shavings, chipping and trucking operations in Jasper, Ala., with plans to expand lumber production. The collaboration will...

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...