Besse Forest Products Closes Three Veneer, Lumber Operations
Officials with Michigan-based Besse Forest Products recently announced the closure of three plants in Wisconsin that will result in more than 130 employees being laid off. The mills affected are Goodman Veneer and Lumber, Goodman, Wis., 48 employees and a sawmill that dates to 1909; Wisconsin Veneer and Plywood, Mattoon, Wis., 42 employees; Birchwood Manufacturing, Rice Lake, Wis., 46 employees.
The move comes after Besse Forest Products was sold to the Florida-based Hoffmann Family of Companies private equity firm in March 2024, and the company seeks to lower costs across its 10 newly acquired production facilities. Officials with Besse Forest Products said the closures were “due to an unprecedented industry downturn.”
Latest News
Analyst: Canfor Corp., West Fraser Timber Merger Speculation
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Recent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival…
Time To Invest
Article by Dan Shell Managing Editor Roughly a decade after the wheels came off the U.S. housing market and threw the economy into a tailspin that resulted in historic lows for lumber prices and a…
Simonds International Announces Merger With Scies B.G.R. Inc.
Simonds International and Scies B.G.R. Inc. recently announced the merger of the companies in a transaction that will create the leading producer and marketer of cutting tools and related equipment for the primary wood fiber…
Resolute Forest Products Announces Layoffs Amid Softwood Lumber Battle
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Hundreds of Quebec forestry workers are experiencing the first sour tastes from the softwood lumber battle with the United States as they prepare for the start of layoffs. Starting Monday, Resolute…
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.