North Alabama Sawmill Announces Closure
In north Alabama, Southern Parallel Forest Products Corp. announced plans to shut down its Albertville location, affecting approximately 62 employees. The closure is expected to take effect in April 2026. The company submitted a notice under the Work Adjustment and Retraining Notification (WARN) Act, which requires employers to alert officials ahead of significant layoffs or plant closures. The filing lists the action as a permanent closure rather than a temporary layoff. Local officials have not yet released details on the reason for the shutdown.
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Ashton Lewis Acquires W.T. Jones & Sons
Ashton Lewis Holding Co., an affiliate of major treater Great Southern Wood, has acquired the family-owned W.T. Jones & Sons, Inc. southern pine sawmill in Ruther Glen, Va., and is planning to invest $11 million in the facility…
Canfor’s Vida Group Buys Sweden Mills
Canfor Corp. executives announced in mid June that CanFor’s 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for $43 million (Can.), plus working capital…
PotlatchDeltic Sells Minnesota Acreage
PotlatchDeltic Corp. officials recently announced an agreement to sell 72,000 acres in Minnesota to The Conservation Fund for approximately $48 million. The transaction is expected to close in the second half of 2020. Company officials noted the sale is part…
Indonesia To Keep Export License System
Backing off an earlier announcement that Indonesian wood products exporters would no longer need to obtain a license showing the wood’s origin and legality, Indonesia’s Ministry of Trade recently reversed itself after an outcry from wood…
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