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

Western Forest Products Columbia Vista Mill Sustains Major Fire Damage

Longtime lumber producer Columbia Vista in Vancouver, Wa. sustained major damage in a July 6 fire that has left the mill completely inoperable. According to firefighter reports, a fire started in the maintenance building that…

Forisk Promotes Amanda Lang To President & COO

Forisk Consulting, a leading provider of forestry industry analytics and research, has announced further growth and updates to its leadership team. Amanda Lang has been promoted to President & Chief Operating Officer, with oversight of…

Hampton Goes With Comact In South Carolina

Comact has been selected as the equipment and technology supplier for Hampton Lumber’s new state-of-the-art sawmill in South Carolina. In addition to supplying the mill’s advanced systems, Comact will be responsible for managing and executing…

« 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