BID Group Acquires Quebec’s YGE
BID Group has completed its acquisition of YGE Inc., further enhancing BID’s product offerings within the wood processing saw and tooling sector. YGE Inc. is a supplier and service provider specializing in top-tier saw guides, grinders, and critical consumables catering to the wood processing industry. Located in St Raymond, Quebec, YGE is a trusted partner, having forged strong bonds with BID’s product lines, projects, and manufacturing facilities across North America.
“We are excited to reach this agreement with our longtime partners YGE and the Guillemette family,” comments Simon Potvin, BID President, Wood Processing. “This marks another important step in meeting our valued customer demand for modern, high quality and innovative saw and tooling technology solutions. This partnership builds on previous investments in Smith Sawmill Services, BLADE cutting tools, and the recently announced acquisition of Industrial Cutting Solutions in Alabama.”
BID Group has completed its acquisition of YGE Inc., further enhancing BID’s product offerings within the wood processing saw and tooling sector. YGE Inc. is a supplier and service provider specializing in top-tier saw guides, grinders, and critical consumables catering to the wood processing industry. Located in St Raymond, Quebec, YGE is a trusted partner, having forged strong bonds with BID’s product lines, projects, and manufacturing facilities across North America.
“We are excited to reach this agreement with our longtime partners YGE and the Guillemette family,” comments Simon Potvin, BID President, Wood Processing. “This marks another important step in meeting our valued customer demand for modern, high quality and innovative saw and tooling technology solutions. This partnership builds on previous investments in Smith Sawmill Services, BLADE cutting tools, and the recently announced acquisition of Industrial Cutting Solutions in Alabama.”
Latest News
Hampton Buys Conifex Sawmill
Hampton Lumber is purchasing the Fort St. James, BC sawmill and associated forest license from Conifex Timber Inc. for $39 million plus the market value of finished lumber and log inventory at closing. Ken Shields, Conifex Chair and CEO, comments: “The decision to...
Pinnacle, Tolko Team Up Again
Pinnacle, Tolko Team Up AgainPinnacle Renewable Energy has entered into a limited partnership agreement with Tolko Industries Ltd. to build Northern Pellet Limited Partnership, a new industrial wood pellet production facility in High Level, Alberta. The facility will...
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.