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
Low Country BioMass Pellet Plant Utilizing Sawmill Residue
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Low Country BioMass, LLC, Ridgeland, SC, completed construction and began production in mid-November. The pellet plant is on track to finish the commissioning process and begin its 24/7 schedule by the…
Mississippi Lumber Company Forced To Shut Down
Hankins Lumber Company in Elliott, Miss. announced last week that it would temporarily cease operations beginning January 6. According to Office Manager Jerry Pegg, employees were told that operations will be suspended until the lumber…
American, Canadian Union Members Unite To Speak To RFP
American and Canadian union members who work for forest industry giant Resolute Forest Products (formerly AbitibiBowater) have joined forces to “speak with one voice” to the company. About 100 union delegates from ten Canadian Resolute…
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.