Gillfor Manufacturing Purchases Teal-Jones Group In British Columbia
The British Columbia Supreme Court approved the sale of the Teal-Jones Group to Gillfor Manufacturing Inc. This transaction brings together several complementary businesses that will each be strengthened by the combination. Gillfor specializes in the manufacturing and marketing of Western Red Cedar to domestic and international markets, with extensive value-add capabilities and deep relationships with customers across the globe. Teal-Jones brings world-class sawmilling operations in Surrey, BC, and a strong domestic and international customer base for hemlock and Douglas fir products.
The combined entity is well positioned to maximize value across the full profile of the coastal British Columbia forest, with a shared focus on value-added manufacturing and continued innovation to minimize waste.
“We are thankful to Tom and Dick Jones for building a great integrated forestry company and their commitment to the people and communities they served over the past decades. We are excited for this new chapter and look forward to restoring success to the BC coastal forestry industry,” comments Gary Gill, Chairman of Gillfor Group.
Latest News
Pardee Resources Sells West Virginia Sawmill To Hamer Company
Pardee Resources has sold a sawmill in West Virginia to the Jim C. Hamer Company. Philadelphia-based Pardee announced the recent closure of the sale on Wednesday in a news release. Terms of the deal weren’t…
U.S. Construction Spending Rises Solidly To Near 8-Year High
U.S. construction spending rose more than expected in October as outlays rose across the board, suggesting the economy remains on firmer ground despite some slowing in consumer spending and persistent weakness in manufacturing. Construction spending…
Stable 2016 Outlook For Global Paper And Forest Products Sector
Increasing housing starts and higher consumer spending will drive anticipated operating income growth for the global paper and forest products industry of 1%-3% in 2016, underpinning the current stable outlook for the sector for the…
Will New York Embrace The Wood Building Movement?
In some ways, a wooden condominium tower planned for Chelsea has roots in an 18th-century barn. Chris Sharples, a principal at SHoP Architects, remembers the barn as one of his first encounters with architecture, at…
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.