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
Lumber Quality Workshops Announced
Terry Brown and the Lumber Quality Institute will again offer two lumber quality-related workshops in Salem, Ore. for the sawmill industry in November 2023. The Lumber Quality and Process Control Workshop will be held November 6-7, and the Lumber Quality Leadership Workshop will be held November 8-9…
BID Group Starts Apprenticeship Program
In a significant development for the local community, BID Group has collaborated with the Dept. of Labor and Apprenticeship Carolina to launch a groundbreaking apprenticeship program in its Fabrication Shop. The program provides valuable opportunities for aspiring professionals in the manufacturing sector…
U.S. Housing Starts Fall While Building Permits Rise
U.S. housing starts fell in August from July, at a seasonally adjusted rate of 1.283 million, down 11.3%. Single-family starts were at a rate of 941,000, 4.3% below July, while multi-family starts were the primary culprit at 334,000, down 26.3%, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
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.