Anthony Timberlands Acquires Arkansas Hardwood Sawmill, Chip Mill
Anthony Timberlands Inc. announced that it will purchase the hardwood sawmill and chip mill facility in Mt. Holly (Union County) that is owned and operated by Watson Sawmill Co. Inc.
“The Watson mill is a modern, state-of-the-art facility in all respects,” Anthony Timberlands President Steven Anthony said in a news release. “Its location and product mix fit almost perfectly with our existing hardwood facilities and recent acquisitions we have made in southwest Arkansas, and will complement those operations.”
He also said, “We are hoping for a near seamless transition within 30-45 days. We anticipate operations to continue unabated, with some minor changes. Current employees will be given an opportunity to continue their employment with ATI.”
Watson has about 75 employees, Anthony told Arkansas Business, and he declined to disclose the purchase price. Watson Sawmill President Donald Watson said in the release, “After 35 years in the hardwood sawmill business, we are proud to pass on our family operation to the Anthony family, and wish them much continued success.”
Anthony Timberlands owns pine sawmills in Bearden (Ouachita County) and Malvern (Hot Spring County) and hardwood sawmills in Beirne (Clark County) and Magnolia (Columbia County). It manages a lumber treating plant in Hope (Anthony Wood Treating Inc.), a hardwood laminating and timber mat manufacturing facility in Sheridan (Anthony Hardwood Composites Inc.) and an oak flooring mill in Magnolia (Anthony Oak Flooring Inc.) The company owns 150,000 acres of timberland scattered throughout south central Arkansas. Anthony Timberlands also has more than 700 employees and annual sales that top $165 million.
From Arkansas Business: arkansasbusiness.com.
Latest News
Pacific Northwest Weyerhaeuser Employees Vote On Union Strike Authority
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); About 1,200 Weyerhaeuser Co. employees in Washington and Oregon voted overwhelmingly to give the regional woodworkers union strike authority, paving the way for a work stoppage if negotiators continue to disagree…
Katerra Merges With KEF Infra, Already Has $3.7 Billion In Bookings
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Offsite design-build company Katerra and India-based manufacturing technology company KEF Infra have announced a merger that will see the newly formed KEF Katerra begin conducting operations in India and the Middle…
Massachusetts Sawmill’s Planned Biomass Plant Met With Opposition
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); A long-planned wood-gasification plant for Roberts Brothers Lumber Co. has drawn fire from dozens of residents around the region, even though the business says it has no firm plans at this…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.