Interfor Purchases Four Sawmills From GP
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.
RELATED ARTICLES
Latest News
Florida Governor Confirms New Jobs At West Fraser Mill Set To Restart
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Florida Gov. Rick Scott confirmed Wednesday morning that dozens of new jobs are coming to McDavid as the West Fraser sawmill reopens after sitting idle for four years. As NorthEscambia.com first…
LP Building Products Launches New LP SolidGuard LSL
LP Building Products has announced the launch of its new LP(R) SolidGuard(TM) LSL, adding protection against termite damage and fungal decay to its LSL product. As the industry embraces wood framing in taller multifamily structures,…
Lumber ‘Supercycle’ Could Spell Opportunity
Investors should always be on the lookout for a long-term financial trend, take a position early, and then ride it for all it’s worth. Such an opportunity could now be emerging in lumber, a long…
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.