Interfor Is Purchasing WestRock Summerville Sawmill
Interfor is acquiring the WestRock sawmill in Summerville, SC for US$59 million. The Summerville mill produced 125MMBF in 2020. A new permit was received in 2020 that allows for the production of up to 200MMBF and Interfor has identified a number of operational and capital investment initiatives to optimize and increase production going forward.
The Summerville mill is 65 miles southwest of Interfor’s Georgetown, SC mill and 115 miles northeast of Interfor’s Meldrim, Ga. mill. This strategic positioning will allow for log sort optimization and procurement synergies across these three mills, according to Interfor.
As part of the transaction, Interfor will enter into a long-term chip and biomass supply agreement with WestRock’s Charleston, SC paper mill. “This transaction is a logical tuck-in with our existing U.S. South platform and reiterates Interfor’s commitment to disciplined growth and investment in the U.S. South,” says Ian Fillinger, President and CEO of Interfor.
As a result of the transaction, Interfor’s total annual lumber production capacity will increase to 3.2 billion BF, of which 1.7 billion BF or 55% will be located in the U.S. South.
RELATED ARTICLES
Interfor Purchases Four Sawmills From GP
Interfor Lays Off Gilchrist Staff
Latest News
Timberland Firms Plans Sawmill
Mission Forest Products, a subsidiary of Timberland Investment Resources, LLC, plans to build a sawmill in Corinth, Miss., costing $160 million and creating 130 jobs at the mill and providing economic and employment opportunities for…
Single-Family Starts Rise Again
U.S. housing starts reached a seasonally adjusted rate of 1.415 million in September, a 1.9% increase above August and an 11.1% increase over September 2019. Single-family starts carried the day at 1.108 million in September, a whopping…
Hatton-Brown Will Produce Conference During SFPA Expo
Article appears in Timber Processing October 2020 –
Southern Forest Products Assn. (SFPA) and Hatton-Brown Publishers, Inc. announce a collaboration on a sawmill…
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.