News & Updates
Interfor Purchases Four Sawmills From GP
Interfor is acquiring four sawmill operations in Bay Springs, Miss.; Fayette, Ala.; DeQuincy, La.; and Philomath, Ore. from Georgia-Pacific for $375 million. Interfor says these sawmill operations are highly complementary to Interfor’s existing platforms in the…
Canfor Plans New Sawmill In Louisiana
Canfor Corp. has announced it will invest approximately $160 million to build a new, state-of-the-art sawmill near DeRidder, La. The facility will have an annual production capacity of 250 MMBF on a two-shift basis and will directly employ about 130…
Single-Family Starts Dip, But Multi-Family Ticks Upward
U.S. housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.569 million in April, down 9.5%…
Stimpson Retires After Active Career
Fred Stimpson, one of the Stimpson family members who ran Gulf Lumber Co. in Mobile, and who was most recently president of Canfor Southern Pine for six years, announced…
Satellite Pellet Mills Will Count On Sawmill Byproducts
Drax Group will begin constructing the first of three new “satellite” pellet plants in Arkansas, the company has announced. The three plants are together…
Alabama Mill Plans To Build Back
Thankfully no injuries were reported after an air compressor exploded and started a fire at East Alabama Lumber Co.’s Lafayette, Ala. sawmill on…
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