Comact Completes Acquisition Of Oleson Saw Technology
Comact, a global leader in high-performance OEM wood-processing technologies, has announced the completion of its acquisition of Oleson Saw Technology, a well-established leader in wide bandsaw blade manufacturing. The transaction strengthens Comact’s cutting and saw technology offering and further expands its aftermarket and consumables portfolio for the wood processing industry.
Based in York, Penn., Oleson Saw Technology has built a strong reputation for supporting sawmills across North America with quality-manufactured wide bandsaw blades and filing room equipment. Oleson will continue operating from its existing York facility, ensuring continuity for customers and employees. As part of the transaction, Comact reaffirms its commitment to supporting Oleson’s continued distribution of high-quality, Swiss-made ISELI filing room equipment for bandsaws and circular saws.
“This acquisition represents an important step in strengthening our cutting and saw technology portfolio,” says Adam Infanti, Executive Vice President & CFO, Comact. “Oleson’s expertise in wide bandsaw blades and its strong market reputation complement our existing capabilities and strengthen our position in cutting solutions. We are pleased to welcome the Oleson team and to build on their legacy together while continuing to support customers with reliable, high-performance solutions.”
As part of this transition, Oleson Saw Technology will introduce an updated visual identity aligned with Comact’s branding, along with a new website at www.olesonsaw.com in the coming days.
Latest News
New Cleereman Optimized Edger Hits The Mark
Cleereman Industries/Cleereman Controls, which introduced their edger line in the spring of 2021, reports the installation of seven edgers and has sold more than 30. Jay Glime of G&G Lumber in Florence, Wis. and Jon Ritcher of Shamco Lumber in Iron River, Mich. both replaced existing manual edgers with Cleereman optimized edgers. Both of these mills average more than 40MBF per day with Cleereman optimized carriage lines…
Mercer Purchases Germany’s HIT
Mercer International Inc. has entered into an agreement to acquire all of the outstanding shares of the parent company of HIT (Holz Industrie Torgau) for €270 million. HIT owns, among other things, 100% of a timber processing and value-add pallet production facility in Torgau, Germany and a wood processing facility in Dahlen, Germany that produces garden products…
Collins Names Insko President & CEO
Collins has announced that Tom Insko will become the President & CEO of the company, succeeding retiring Eric Schooler. Insko, an Oregon native will assume responsibilities on October 1 for the Wilsonville, Ore.-based Collins…
D.R. Johnson Has Prairie City Back Up
Officials with D.R. Johnson Lumber report the company’s Prairie City, Ore. sawmill was back up and running the second week in July. Prairie Wood Products, a division of D.R. Johnson Lumber Co., had been idled since 2009 due to economic downturn pressures…
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.