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
Canfor Closures Causing Ripples
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Canfor Corp., which announced in early September the closure of its Vanderhoof and Fort St. John sawmills in northern British Columbia, citing ongoing financial losses, weak lumber markets, and increased U.S.…
Vermont Announces Business Loan Program
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); A new loan program from the Vermont Economic Development Authority (VEDA) is now available to support businesses in the state’s forest economy. Three million dollars in total financing can be provided…
Sierra Pacific Plants 300 Millionth Seedling
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Sierra Pacific Industries reported the planting of its 300 millionth seedling on its timberlands this spring. “I wouldn’t have imagined 75 years ago when we started with no land and one…
Fulghum Commissions 170 ft. Crane In Arkansas
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Fulghum Industries, Inc. is pleased to announce the commission of the recently installed 170 ft. 45 ton log crane for the modernization project of PotlatchDeltic, Waldo, Ark. The crane will be…
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.