Interfor Acquires Simpson Lumber Sawmills In U.S. Southeast, Pacific Northwest

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381510056-0'); });

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.

Latest News

Western Wood Preservers Names Ryan Pessah Executive Director

The Western Wood Preserves Institute (WWPI) Board of Directors have selected Ryan Pessah as Executive Director following a nationwide search. Pessah has served as the Institute’s Government Relations Director. He succeeds Butch Bernhardt, who is…

Mühlböck Secures Contract In California

Upper Austrian timber drying specialist Mühlböck continues its international growth trajectory and has secured a project in the USA. Mühlböck is supplying four 1306 PRO dry kilns with a total volume of over 230MBF to…

C&C FP Invests Over $21 Million In Coushatta Rebuild

C&C FP Invests Over $21 Million In Coushatta, Louisiana Sawmill C&C Forest Products announced it is investing over $21 million to rebuild its Coushatta, Louisiana sawmill following a 2025 fire, repositioning the facility as a…

« Older Entries

Next Entries »

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });

Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

Subscribe Now

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.

Complete the form

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us