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
Housing Helps U.S. Hardwood Lumber Sales Improve Faster Than Exports
While U.S. hardwood exports lagged in May and June 2015, domestic demand for hardwood lumber continued to improve. Home construction, which dipped in May, was set to move higher, as both permitting and builder confidence…
B.C.’s Forest Products Industry Restructures For Expected Recovery
A trend whereby B.C. forest products companies have been snapping up sawmills south of the border while shuttering plants here is likely to continue. That prediction, from a new Conference Board report, is part of…
Northwest Sawmills Struggle To Break Even With Thinning On Public Lands
The Finnish hew saw at Duane Vaagen’s mill can make two two-by-fours from a tree no thicker than a loaf of bread. “The magic,” he says, as logs rattle by and emerge seconds later as…
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.