BID Group Purchasing Smith Sawmill Service
BID Group has entered into an agreement to acquire Smith Sawmill Service. The transaction further expands BID’s product and service offerings to include the essential recurring saw and tooling capabilities required to support modern wood processing operations.
Smith Sawmill Service is one of the largest suppliers and service providers of saws, cutting tools, filing room equipment, and critical consumable products to the wood processing industry. Smith serves the North American market with both proprietary cutting technologies and industry-leading brands. With locations in Texas, Louisiana and North Carolina, Smith is a recognized service leader, equipped to meet the growing customer demand for personalized saw and knife repair and reconditioning solutions.
“The combination of our organizations’ capabilities is a natural fit given our shared emphasis on excellence in total customer experience,” says Steven Hofer, BID Executive Vice President, Strategy and Business Development. “Incorporating the Smith product and services into our BID turnkey and wood process system offerings further complements the investments BID has made in the development of its own cutting tools solution, Blade.”
“I am incredibly pleased with the opportunity to unite with an industry leader like BID,” adds Paul Smith, President and CEO of Smith Sawmill Service. “I would like to thank our team for their dedication and hard work to build a thriving business.”
The transaction is expected to close in the third quarter of 2022.
Latest News
Richard Barge Thrived With Timberlands
Richard Barge Thrived With TimberlandsCharles Richard Barge, better known as Richard, a longtime leader and innovator in timberlands management and who helped to build a modern sawmill in the late 1980s, and who was highly honored by the Mississippi forestry industry,...
Hampton Lumber To Build New Mill In South Carolina
Hampton Lumber To Build New Mill In South CarolinaOn June 23, Hampton Lumber announced plans to build a new, state-of-the-art sawmill in Allendale County, SC. This facility will expand Hampton’s presence in the U.S. and support the company’s long-term vision to become...
Comact Expands South Carolina Warehouse
Comact Expands South Carolina WarehouseComact has expanded its operations with the lease of a 48,000 sq. ft. facility in Building 2 at Port 95 Business Park in St. George, SC. This strategic move marks Comact as the first tenant in this state-of-the-art industrial...
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.