Lewiston Mill Sold To Idaho Forest Group

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381510056-0'); });

Clearwater Paper Corp. is selling its Lewiston, Idaho sawmill to Idaho Forest Group of Coeur d’Alene, Idaho. The $30 million transaction includes the sale of Clearwater Paper’s sawmill, planer mill, dry kilns, and related assets along with log and finished goods inventories and timber under contract. As part of the transaction, the two companies have entered into a long-term residual fiber supply agreement with the goal of delivering consistent supplies of chips and sawdust to Clearwater Paper’s Lewiston pulp mill from Idaho Forest Group mills.

Upon closing of the transaction, Idaho Forest Group plans to adjust production to meet its customer needs. At the same time, Idaho Forest Group will begin assessing employment needs and should initiate the hiring process soon after the close of the transaction. Longer term, Idaho Forest Group will assess the mill’s capabilities and prepare an improvement plan for implementation.

“We are very excited about the prospects of updating and revitalizing the Lewiston sawmill,” says Scott Atkison, president of Idaho Forest Group. “The mill and its location in the LC Valley and surrounding wood basket give us the ability to better supply our customers with the products they need, both now and into the future.”

Latest News

Resolute Forest Products Seeking To Acquire Or Build U.S. Lumber Mills

Resolute Forest Products Inc. (RFP), the world’s largest newsprint maker, is seeking to reduce its reliance on the low-grade paper by expanding its Canadian solid wood-products business into the U.S. Already North America’s fifth-largest lumber…

As Montana’s Timber Industry Improves, Mills See Setbacks With Availability

Reflecting slow but mostly steady improvements in Montana’s timber industry, lumber production and worker wages increased in the first six months of 2014, according to a new study. But despite the optimistic numbers, logging managers…

Interfor Permanently Closes Its Beaver-Forks Mill Operations

Interfor has pulled the plug on its West End operations, planning to close two facilities and consolidate production in Port Angeles, the timber company announced Thursday. The closure affects 52 workers at the Beaver sawmill…

« Older Entries

Next Entries »

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });

Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

Subscribe Now

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.

Complete the form

Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us