Canadian Company Will Buy McFarland Cascade Holdings

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381510056-0'); });

After 96 years, a Tacoma-based, family-owned wood products company soon will have a new, Canadian owner.

McFarland Cascade Holdings Inc. announced recently that it will be bought by Montreal-based Stella-Jones Inc. for $230 million. The sale is expected to close this month.

“We have a great tradition and legacy and a wonderful company, and a reputation of which we’re very proud,” said Corry McFarland, who is co-CEO with his brother Greg. “My brother and I are the third generation. We have nobody else in the family coming on who is interested in running the business.”

Founded in Idaho in 1916, McFarland Cascade produces utility poles as well as treated lumber for outdoor home projects, including composite decking, railings and related accessories. The company located its corporate headquarters on Tacoma’s Tideflats in the 1980s.

It employs about 200 people, depending on the season, on 43 acres there, Corry McFarland said, and he knows of no plans to change that.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381461985-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381402298-0'); });

Latest News

U.S. Lumber Price Surge Results In Record Profit

Lumber prices in the U.S. have experienced a spectacular surge in 2017 and the first half of 2018. By the end of the 2Q/18, the benchmark lumber price index reported by the market report Random…

Wood Construction Pushes Forward On Both Sides Of The Border

Mass timber construction is making waves on both sides of the Canada-U.S. border, but factors in each country mean a different pace of progress. The state of Washington is rapidly moving forward on both green…

Western Wildfire Victims Feel The Burden Of Lumber Tariffs

Over 1,200 homes have been destroyed by wildfires in California so far in 2018. And due to increased tariffs, those wildfire victims are having to deal with higher construction costs. So are victims whose homes…

« Older Entries

Next Entries »

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });

Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

Subscribe Now

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.

Complete the form

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us