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

All The World’s A Stage

Story by Rich Donnell, Editor-in-Chief Are you aware that Timber Processing magazine has gone global? We haven’t publicized this development much, so it may have slipped by you. This issue, for example, is in the…

Here’s The Pitch

Story by Rich Donnell, Editor-in-Chief I was in a good mood on a recent Friday, thinking ahead to the weekend and planning to watch college football, when our receptionist placed the Western Wood Products Assn.…

Housing Trends

Story by Jennifer McCary, Senior Associate Editor As a baby boomer I grew up with certain expectations and accepted truisms. One of them was: Renting a home is as foolish as throwing money down the…

« 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