Chinook Forest Partners Acquires South Coast Lumber Co.
Chinook Forest Partners, a forestland investment manager located in Southwest Oregon, has finalized its acquisition of South Coast Lumber Co. and Pacific Wood Laminates, a Douglas fir sawmill, plywood plant, and LVL plant located in Brookings, Ore. Operations will continue with an ongoing commitment to employees, customers, and local communities.
This acquisition encompasses 104,000 acres of premium coastal forest with modern manufacturing facilities. Chinook will manage these assets as a fully integrated platform within its portfolio of high-quality natural capital investments.
“This transition reflects our shared values and mutual respect,” says Mike Beckley, CEO & President of South Coast and a third-generation of the Fallert family. “Chinook understands what matters most: our people, our land, and our community. We are confident they will honor the legacy the Fallert family has built over four generations, while helping South Coast reach new levels of growth and opportunity.”
Chinook Forest Partners CEO Scott Marshall adds, “Our approach is rooted in long-term management: Investing in people, operations, and communities to ensure these assets thrive for generations. This acquisition reinforces our commitment to sustainable forestry and positions Chinook as a differentiated partner to our investors.”
Latest News
U.S., Canada Extend Softwood Lumber Agreement
A two-year extension to the 2006 Softwood Lumber Agreement (SLA) has been agreed upon, extending the program to October 2015 and granting stability to the volume softwood trade between the U.S. and Canada. The SLA…
Canal Wood Takes Hit For Timber Practices
Canal Wood, the nation’s largest privately held provider of wood fiber supply chain services, has paid the U.S. government $520,064 as settlement related to findings that Canal failed to report approximately 1,000 timber scale tickets…
Stimson Lumber Invests In Oregon Sawmill
Stimson Lumber Company recently invested $5.5 million for mechanical upgrades at its Tillamook, Ore. stud mill. An estimated 5%, or $275,000, was spent in Tillamook County on local contractors, helping to boost the local economy.…
Resilience Capital Partners Acquires PA Sawmill
Resilience Capital Partners, a Cleveland-based private equity firm, recently announced the completion of the acquisition of Weaber, Inc., a leading hardwood lumber mill. Founded in 1941, Weaber, Inc. is one of the nation’s leading hardwood…
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.