Jasper Lumber Project Nears Completion
Jasper Lumber Co. is nearing completion on the previously announced $135 million investment to modernize its sawmill in Walker County, Alabama. The multi-year upgrade, which began in 2020 and is expected to be completed in 2026, increasing annual production from 65MMBF to 225MMBF.
Jasper Lumber Plant Manager Cliff Beall credited the company’s employees for driving the investment forward. “This entire investment is based on the dedication of our existing workforce and their commitment to embrace the opportunity to upgrade their skills and operate a state-of-the-art sawmill,” Beall says.
Local leaders say the impact will be felt far beyond the sawmill. Jaspert Industrial Development Board (JIDB) Executive Director Green Suttles emphasizes the broader economic ripple effect: “Area harvesting and transport for the wood required to feed the mill will increase, and this will lead to other offshoot job opportunities stemming from the investment made in the mill.”
Latest News
UFP Industries Purchases PalletOne
UFP Industries, LLC is purchasing PalletOne, Inc. for $232 million. UFP has also agreed to pay $18 million for PalletOne’s recent capital expenditures. Based in Bartow, Fla., PalletOne is a leading manufacturer of new pallets in the…
West Fraser Purchases Norbord For $3 Billion
West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West…
Klausner-Enfield Deal Is Near
Mayr-Meinhof Holz, which lost out in September on the bid and acquisition of the bankrupt Klausner Lumber One sawmill in Live Oak, Fla. to Binderholz Group, was the…
Remodelers Report Material Shortages
Though markets have cooled a bit going into the fourth quarter 2020, remodelers reported extensive materials shortages during third quarter 2020, according to a…
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.