Klausner-Enfield Deal Is Near
Mayr-Meinhof Holz, which lost out in September 2020 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.
RELATED ARTICLES
Binderholz Wins Auction For Klausner Two
Binderholz Wins Klausner Sawmill
Latest News
CLT Will Be Part of Upcoming Atlanta Conference
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); One of the main sessions during the upcoming Panel & Engineered Lumber International Conference to be held in Atlanta March 12-13, 2020 concerns mass timber products, marketing and construction. Several speakers…
Timber Processing Person of the Year
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Timber Processing magazine will announce its 32nd annual Person of the Year award in the combined January-February issue. The 2020 Person of the Year will be featured in the issue, and…
Governor Visit Highlights Hurst Boiler Operations
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); As part of an ongoing tour to highlight products made in Georgia, Governor Brian Kemp visited Hurst Boiler & Welding Co. Inc. in Coolidge, Georgia. in early December. A key forest…
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.