Canadian Company Will Buy McFarland Cascade Holdings
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.
Latest News
Canfor Establishing U.S. Headquarters In Alabama
Canadian wood products company Canfor is opening its U.S. headquarters in Mobile. The U.S. branch will operate under the name Canfor Southern Pine, said Fred Stimpson, Canfor Southern Pine president. The move will bring 20…
Canada, U.S. Far Apart On Softwood Lumber
With a fall deadline approaching, Canada’s chief negotiator in the softwood lumber talks with the United States says the two sides remain far apart on several key issues. Martin Moen told a parliamentary committee on…
Weyerhaeuser To End Production At Montana Mills This Week
Seventy years of lumber production will come to an end this week when the Weyerhaeuser Company starts to shut down its lumber and plywood mills in Columbia Falls. Weyerhaeuser Montana Resources Team Leader Tom Ray…
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.