Fulghum Commissions Two 170 ft. Cranes At Canfor
Fulghum Industries, Inc. has completed the commissioning of two newly installed 170 ft., 45-ton log cranes as part of a $210 million project with Comact for Canfor Southern Pine at Axis, Ala. Certification for the first crane was completed on October 25, 2024, with the second crane following suit and becoming operational on March 13, 2025. The new sawmill has an annual capacity of 250MMBF.
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UFP Industries Purchases PalletOne
UFP Industries, LLC is purchasing PalletOne, Inc. for $232 million. UFP has also agreed to pay $18 million for PalletOne’s recent capital expenditures. Based in Bartow, Fla., PalletOne is a leading manufacturer of new pallets in the…
West Fraser Purchases Norbord For $3 Billion
West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West…
Klausner-Enfield Deal Is Near
Mayr-Meinhof Holz, which lost out in September on the bid and acquisition of the bankrupt Klausner Lumber One sawmill in Live Oak, Fla. to Binderholz Group, was the…
Remodelers Report Material Shortages
Though markets have cooled a bit going into the fourth quarter 2020, remodelers reported extensive materials shortages during third quarter 2020, according to a…
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