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
Sawmillers Show Up At EXPO
After six shows in Atlanta, Ga. dating back to 2011, the Southern Forest Products Assn., host of the biennial Forest Products Machinery & Equipment EXPO, decided to move the 37th edition to Nashville, Tenn. Held August 23-25, this was an exciting change for exhibitors and attendees alike—the Music City Center was in the heart of the city, allowing everyone the chance to not only walk from the variety of hotels and top-notch restaurants to the show floor but also enjoy all that Nashville has to offer by way of its world-famous music scene…
Single-Family Starts Lead U.S. Housing Rebound In July
U.S. housing starts increased in July to a seasonally adjusted rate of 1.452 million, nearly 4% above June (and 6% above July a year ago). Single-family housing starts in July were at a rate of 983,000, 6.7% above June, while multi-family starts were 460,000, even with June, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
Weyerhaeuser Partnership Focuses On Firefighter Mental Health
Weyerhaeuser Co. and Firefighter Behavioral Health Alliance (FBHA) announced an expanded partnership on Fighting Fires Together, a campaign that provides support for wildland firefighters and their families. In its second year, the program is designed to provide resources and increase awareness around the importance of mental health assistance for these first responders…
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.