Interfor Is Purchasing WestRock Summerville Sawmill

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

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.

Latest News

Resolute Forest Products Purchasing Three Sawmills

Resolute Forest Products Inc. entered into an agreement to acquire Conifex Timber Inc.’s three sawmills in the U.S. South for $163 million plus working capital estimated at $7 million. The three sawmills, with combined production…

GP’s Fritz Mason Named TP Person of the Year

Timber Processing magazine has named Fritz Mason, president and general manager of Georgia-Pacific Lumber, as the 2020 Person of the Year. Mason is the 32nd annual recipient of the award, which has two primary criteria:…

No-Go On Proposed Purchase Of Canfor

Canfor Corp. has agreed with Great Pacific Capital Corp., a wholly-owned subsidiary of Great Pacific, to terminate a previously announced arrangement agreement that called for Great Pacific, which already owns 51% of Canfor, to purchase…

« 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