Idaho Forest Group Acquires Tricon Timber Sawmill
One of the nation’s largest lumber producers based in Coeur d’Alene is acquiring Tricon Timber’s stud mill in St. Regis. The Idaho Forest Group, a family owned wood products company, announced the acquisition. The transaction is scheduled to close by Dec. 1, 2017.
“The St. Regis sawmill acquisition supports our continued growth and will be an excellent strategic addition to our existing operations in Northern Idaho,” Erol Deren, Idaho Forest Group vice president of sales and marketing, said in a statement posted online. The company did not return a request to comment.
Tricon Timber primarily constructs stud framing lumber as well as softwood flooring and wainscot materials from its mill in St. Regis. The timber plant dates back to 1985, when it started production at a mill in Wyoming. The operations moved to St. Regis in the late 1980s and the location was picked due to the availability of timber that was regenerated from the 1910 fire, according to the company.
Timber companies across western Montana have decried the lack of available timber, and in recent years significant consolidation and closures have occurred. Most prominently, Weyerhaeuser Co. merged with Plum Creek Timber Co. in early 2016.
Idaho Forest Group was formed in 2008 when two regional timber outfits — Riley Creek Lumber and Bennett Forest Industries — combined.
From the Flathead Beacon: flatheadbeacon.com.
Latest News
U.S. Lumber Coalition Files Petition Against Canadian Softwood Producers
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); The Canadian-U.S. softwood lumber dispute reignited Friday after the U.S. Lumber Coalition said it formally petitioned the American government to impose duties against Canadian softwood lumber producers. The lobby group said…
Oregon’s Rosboro Announces Its Sale, Starting With Timberlands
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Wood products manufacturer Rosboro, one of Springfield’s oldest employers, has sold its timber holdings, and the rest of the firm, including its large mill on Main Street in Springfield, could be…
Struggling Timber Industry Puts Rural Idaho At Crossroads
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); David Bartlett stopped frequently to chat with friends as he made inquiries with employers at a recent Idaho Department of Labor job fair in Orofino. The nonchalance of the former Tri-Pro…
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.