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
GP Shakes Up Operations Leadership
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Georgia-Pacific has changed its operations leadership. Jeff Koeppel, senior vice president of operations, will retire in the first quarter of 2025. A role he has held since 2016, Koeppel’s been a…
2025 WWPA Master Lumberman Nominations Open
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Western Wood Producers Assn. (WWPA) has opened nominations for the 2025 Master Lumberman honors. The awards will be presented at the Association’s Annual Meeting on April 14, 2025. Master Lumberman is…
Spruce Products Ltd. Goes With Valutec TC Continuous Kiln
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); At a time when low-cost mass production solutions are the norm, it’s worth remembering why custom products from specialized companies will always have their place. When sawmill plant manager Rod Pidskalny…
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.