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
Atlas Holdings Announces Sale Of RedBuilt
Atlas Holdings announced that it has entered into a definitive agreement to sell RedBuilt, LLC to Hampton Lumber Mills, Inc. Atlas formed RedBuilt with the acquisition of the commercial division of Trus Joist from Weyerhaeuser Co. in 2009. Over the next 14 years, the company became an industry leader in the engineering, design and manufacturing of proprietary wood-based structural solutions serving the low-rise commercial…
New From BID: Comact-Branded AI-Powered Linear Resaw Optimizer
BID Group has announced a brand-new innovation: The ResawExpert, a Comact-branded AI-powered linear resaw optimizer with vision, which will take wood transformation to a whole new level of precision, efficiency, and performance. The Comact ResawExpert is a…
Endowment Welcomes New Board Members
U.S. Endowment for Forestry and Communities announces that Fritz Mason, Paul Hossain and Anna Torma were elected as new directors at the organization’s fall board meeting. “Drawing upon diverse backgrounds, they each bring a distinctive perspective and unique vision. We look forward to collaborating with them to further the mission of the Endowment,” comments Pete Madden, President and CEO of the Endowment…
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.