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
Sawmillers Show Up: TP&EE Portland 2022 Was A Success
The recent Timber Processing & Energy Expo, held in Portland, Ore. September 28-30, had a knockout crowd of sawmillers from around the globe walking the aisles. 110 wood producer companies sent representatives to the three-day trade show which featured a sold-out exhibit floor, and one-day…
Valutec TC Kilns See North American Success
As a leading developer and world leader in continuous dry kilns Valutec has delivered more than 2,000 continuous kilns to sawmills around the world. In 2020, the company commissioned North America’s first TC continuous kiln at Pleasant River’s Moose River Lumber in Jackman, Me. Now, another eight kilns are up and running, or being installed in North America…
SmartLam Plans Glulam Facility
SmartLam North America, reportedly the largest manufacturer in North America of cross-laminated timber (CLT), announced it will build a $50 million glulam manufacturing facility in Dothan, Ala. The new SmartLam facility, to be built adjacent SmartLam’s existing CLT facility in a 144,000 sq. ft. structure, will manufacture…
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.