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 Soars On Demand Hopes After Sandy Damage

U.S. lumber futures soared on Wednesday on expectations for demand to increase in the aftermath of monster storm Sandy that caused massive flooding in the northeastern United States, damaging numerous homes that would need rebuilding.…

Canfor Posts $22 Million Profit In Third Quarter On Improved Lumber Markets

Canfor Corporation is reporting it swung back to profitability in the third quarter compared to the same period last year, citing a moderate improvement in lumber markets. The company posted net income of $22.2 million,…

Colorado Lumber Mill Developer Selects Site

Colorado Timber Resources LLC recently purchased the former Valley Recycling property where they plan to open a lumber mill by the end of October. The mill will be creating 2x4s from beetle killed trees in…

« 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