Interfor Acquires Simpson Lumber Sawmills In U.S. Southeast, Pacific Northwest
Interfor announced that it has reached agreement with Simpson Lumber Company, LLC to acquire Simpson’s sawmill operations in Meldrim, GA, Georgetown, SC, Longview, WA and Commencement Bay, WA. The Sawmill Operations are located within geographic proximity of Interfor’s sawmills in both the US Southeast and Pacific Northwest and will fit within the Company’s existing operating infrastructure.
The Sawmill Operations have a combined annual lumber capacity of 750 million board feet and are expected to produce 555 million board feet in 2014. As a result of this transaction, Interfor’s total capacity will increase by 30% to 3.1 billion board feet, reinforcing its position as the fastest growing lumber company in the world.
The Company’s lumber capacity in the US Southeast and Pacific Northwest will total 1.2 billion board feet and 900 million board feet, respectively, representing 67% of the Company’s total pro forma capacity.
For the nine months ended September 30, 2014, the Meldrim, Georgetown and Longview sawmills generated combined EBITDA of US $16 million. In addition, these sawmills have significant upside potential from capital projects that are currently underway as well as from other operational initiatives.
RELATED ARTICLES
Interfor Purchases Four Sawmills From GP
Interfor Is Purchasing WestRock Summerville Sawmill
Interfor Lays Off Gilchrist Staff
Latest News
Huge South Carolina Lumber Mill Could Start Up This Year
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Klausner Holding USA’s plans to construct a large lumber mill in Rowesville are taking a little longer to come to fruition than elsewhere, but officials say the project is still under…
Stimulus-Funded Lumber Mill Closes In Idaho
Emerald Forest Products in Emmett, Idaho has closed its lumber operation and laid off 50 people. The owner is looking for a buyer. The company, which began in 2010 with help $4 million in federal…
Klausner May Build Third Sawmill In South Carolina
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); South Carolina’s Bureau of Air Quality approved an air quality and construction permit for Austria’s Klausner, which, through its U.S.-based office, appears to be moving forward with building a sawmill on…
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.