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
HALCO Honored For Operations Research
HALCO Software Systems was the recipient of the 2022 Omond Solandt Award in operations research from the Canadian Operational Research Society (CORS). This prestigious award, which has typically been awarded to much larger organizations like IBM and Air Canada, was in recognition of HALCO’s developments in production planning optimization methods in the forest industry…
BID Group Purchasing Smith Sawmill Service
BID Group has entered into an agreement to acquire Smith Sawmill Service. The transaction further expands BID’s product and service offerings to include the essential recurring saw and tooling capabilities required to support modern wood…
JoeScan To Debut New Scan Heads
The sawmill scanning experts at JoeScan will soon bring the proven simplicity of their JS-50 scan head to more parts of the sawmill. “Mills love how our latest JS-50 WX model performs on their edgers and trimmers,” says JoeScan president Joey Nelson. “It’s a robust, reliable platform that is very easy to use. So we’ve been working hard to develop next-gen scanners for more machine centers…
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.