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
Lumber Mills Expand As Prices Rise Most Since 1993
North American mills are sawing lumber at the fastest pace in six years after a recovering U.S. housing market, a beetle infestation in Canada and increasing Chinese demand drove the biggest price surge in two decades. About 55.5 billion of the industry’s standard...
Timber Prices Follow Lumber’s Sharp Climb As Annual Housing Starts Hit A Million
With new home construction hitting a million new starts a year for the first time since 2008, a national forest management firm reports that timber prices for large standing trees are rising off the bottom and lumber is starting to soar. Marshall Thomas, president of...
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.