Interfor is acquiring four sawmill operations in Bay Springs, Miss.; Fayette, Ala.; DeQuincy, La.; and Philomath, Ore. from Georgia-Pacific for $375 million. Interfor says these sawmill operations are highly complementary to Interfor’s existing platforms in the U.S. South and the Northwest.
The four sawmills have a combined annual lumber production capacity of 720MMBF. The Bay Springs, Fayette and Philomath sawmills are currently operating on a full-shift basis. The DeQuincy sawmill, which was idled in May 2020 during the COVID-19 pandemic, has an annual capacity of 200MMBF.
Interfor reports its total annual lumber production capacity will increase to 3.9 billion BF, of which 3 billion BF or 77% will be U.S.-based and not subject to softwood lumber duties. Interfor’s U.S. South production capacity will grow by 500MMBF to 2.2 billion, while production capacity in the U.S. Northwest will grow by 220MMBF to 770MMBF.
After a downward slip in July, U.S. housing starts, riding a multi-family hike, increased to a seasonally adjusted rate of 1.615 million in August, 3.9% above July and 17.4% over August a year ago, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new…
Anxious bidders for the Phase 2 contract that’s part of the federal 4 Forests Restoration Initiative (4FRI) seeking to treat and improve forest health conditions on more than 2.5 million acres across four Arizona national forests were told to wait a…
Binderholz is implementing Trimble Forestry’s LIMS and WeighWiz solutions for its newly acquired sawmill location in Live Oaks, Fla. LIMS is a widely used log accounting and contracting system. LIMS provides management control over all phases of timberland, woodland, yard and mill operations…
Officials with Idaho Forest Group announced at the end of August the closure of its St. Regis, Mont. sawmill in late November. The company had acquired the mill in 2017 from Tricon Timber. A post on IFG’s website from August 2019 noted the company had added a sprinkler system, replaced some older equipment and…
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