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
Ligna Offers World Stage For Sawmill Equipment Suppliers
Story by Rich Donnell, Editor-in-Chief If you’re questioning whether the sawmill machinery industry has gone global, simply turn to page 22 for the beginning of our Ligna preview section and you’ll quickly arrive at the…
“Top 20” Lumber Producers Report Indicates Renewed Industry Optimism
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); The latest Wood Markets annual survey of the “top 20” Canadian and U.S. softwood lumber producers shows an uneven trend across North America for 2012: U.S. softwood lumber production increased 6.3%…
U.S. Housing Starts Surge 27 Percent Above 2012 Rate
Housing starts in February rose 0.8% from January, to a seasonally adjusted annual rate of 917,000, the Census Bureau said Tuesday. The rate is 27.7% above February 2012. Single-family starts were running at a 618,000…
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.