Interfor Completes Acquisition Of Rayonier’s Wood Products Business

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

International Forest Products Limited (Interfor) announced that it had completed the acquisition of Rayonier’s Wood Products Business in the U.S. South, as scheduled on March 1st. The acquisition includes three sawmills located in central Georgia with a combined annual capacity of 360 million board feet.

“The acquisition of Rayonier’s Wood Products Business is a significant strategic move for Interfor,” said Duncan Davies, Interfor’s President & CEO. “In addition to providing a footprint in the U.S. South the acquisition increases Interfor’s annual production capacity to more than 2 million board feet and broadens our product base to include Southern Yellow Pine.”

The transaction is expected to be accretive to both earnings and free cash flow from the outset.

“I would like to thank the people involved from both Rayonier and Interfor who worked so hard to complete this transaction in such a short period of time,” said Davies. “We are looking forward to working with Rayonier to build mutual value as we move ahead.”

Latest News

FS, Endowment Announce Forestry Analytics for Carbon Tracking Platform

The U.S. Forest Service and U.S. Endowment for Forestry and Communities have announced the Beta launch of the Forestry Analytics for Carbon Tracking (FACT) platform, a science-based platform that addresses the growing challenge and need…

U.S. Endowment Awards $500,000 To CTrees, Spatial Informatics Group

U.S. Endowment Awards $500,00 To CTrees, Spatial Informatics Group The U.S. Endowment for Forestry and Communities (the Endowment) has awarded $500,000 to CTrees and Spatial Informatics Group (SIG) through its Technology Solutions to Improve Forest…

JoeScan Debuts TrueSight Sawmill Vision System

TrueSight is a coordinated suite of hardware and software products designed to bring geometric scanning and color vision together throughout the sawmill. The system provides co-registered color images and geometric profiles that optimization integrators can…

« 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