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
Resolute Forest Products To Build New Sawmill On Old Atikokan Site
Resolute Forest Products Inc. today confirmed the acquisition of a site to build a new random length sawmill in the Atikokan area. The $50-million project, announced in late January, will create about 90 direct jobs…
Franklin Lumber To Reopen Former International Paper Sawmill In Virginia
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Governor Bob McDonnell announced that the former International Paper (IP) Franklin Sawmill, closed since 2009, has been purchased by Franklin Lumber, LLC and will restart operations by year’s end. A new…
Oregon’s Boise Cascade Mill Cuts Down The Kilowatts
Of all the impressive machinery at Boise Cascade’s Kinzua Lumber sawmill in Pilot Rock, a simple dry-erase board is what really stood out to J.P. Batmale. Written on the board is a seemingly routine reminder…
Weyerhaeuser To Purchase 645,000 Acres Of Timberland In Pacific Northwest
Weyerhaeuser Company today announced it has a signed definitive stock purchase agreement to acquire Longview Timber LLC from affiliates of Brookfield Asset Management Inc. for $2.65 billion, which includes the assumption of debt. The transaction…
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.