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 preliminary round bid leader (Stalking Horse bidder) for the bankrupt Klausner Lumber Two sawmill in Enfield, NC with a bid of $30 million (U.S.). Other interested companies have until December 5 to participate in the bid process, with the final auction scheduled December 10.
The greenfield Klausner sawmill at Enfield reportedly had produced some green lumber before it went under, unlike the Live Oak sawmill, which had reached green end and dry end production. Construction at Enfield began in 2015 and over the years several setbacks and delays plagued the operation. Klausner shut it down this past March.
Austria-based Binderholz won the Klausner Lumber One sawmill at $61 million, with Mayr-Meinhof Holz the runnerup bidder. Also involved in the Live Oak sawmill bidding was Mercer International of Vancouver.
Mayr-Meinhof Holz is based in Leoben, Austria and operates multiple sawmill, wood processing and wood pellet production facilities in Austria, Germany Czech Republic and Russia.
Though markets have cooled a bit going into the fourth quarter 2020, remodelers reported extensive materials shortages during third quarter 2020, according to a…
U.S. housing starts continue to flourish, rising in October to a seasonally adjusted rate of 1.530 million, a 4.9% increase over September and a whopping 14.2% hike compared to…
Tolko Industries (U.S.) Ltd. and Jasper Lumber Co. have announced a 50-50 joint-venture partnership in Jasper’s existing southern yellow pine sawmill, shavings, chipping and trucking operations in Jasper, Ala., with plans…
Montana-based F.H. Stoltze Land and Lumber Co. is teaming up with a group of partners to form Stoltze Timber Systems, Inc., which plans to build a cross-laminated timber (CLT) facility adjacent the F.H. Stoltze sawmill near Columbia…
Find Us On Social
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives.
Complete the online form so we can direct you to the appropriate Sales Representative.