Northwest Hardwoods Completes Acquisition Of Industrial Timber & Lumber
Northwest Hardwoods Inc. (NWH) has recently completed the acquisition of Industrial Timber & Lumber Company (ITL) based in Beachwood, Ohio. NWH is headquartered in Tacoma, WA and has operations in the United States, Canada, China, and Japan.
ITL is one of the largest global suppliers of North American hardwood. It sells over 200 million board feet of high quality hardwood lumber annually and has approximately 400 employees. ITL owns two integrated sawmills, four concentration yards and one dedicated service center with operations in Ohio, West Virginia, North Carolina and Pennsylvania.
“We couldn’t be more pleased to acquire a great company like ITL to better serve our customers. NWH is adding a business with highly motivated and experienced employees, outstanding quality products, highly automated and efficient mills, and an attractive worldwide customer base that relies on ITL for essential products and industry leading customer service. The highly respected ITL brand name is the perfect compliment to the NWH brand which has been recognized as the ‘Gold Standard’ for hardwood for nearly 45 years,” said TJ Rosengarth, President and CEO for NWH.
“Our employees are very excited about this combination of two great companies. Our customers have grown accustomed to the high quality products and industry leading service model that ITL provides. This combination with NWH will allow us to better serve those customers with an even wider array of products” said Larry Evans, President of ITL who will continue to lead the ITL organization for NWH as it operates as a wholly owned subsidiary of NWH.
From: Business Wire: businesswire.com.
RELATED ARTICLES
Northwest Hardwoods Reconfigures
Collins Appoints TJ Rosengarth President & CEO
Northwest Hardwoods: 20-Year Project
Latest News
Burns Lake Sawmill To Be Rebuilt After Explosion, Fire
Hampton Affiliates has announced it will rebuild the Babine Forest Products Sawmill in Burns Lake, B.C. The decision was made unanimously at the company’s board meeting Monday night. The sawmill was destroyed by a devastating…
Wood Runs Out For Ardew Wood Products
A lack of timber is blamed for the slated Jan. 11 closure of Ardew Wood Products Ltd., marking the end of another long-established resources business in Merritt. Owner of the family-operated business Erik Norgaard said…
WorkSafeBC Asks Crown To Probe Deadly Sawmill Explosions; Jail Time Possible
WorkSafeBC will refer its findings of workplace violations in two deadly sawmill explosions to Crown counsel for possible charges, opening up the possibility of fines or jail time. If the Crown decides to go forward…
Grant Is Secured For New Montana Sawmill
Kootenai River Development Council of Libby has received $17,800 in grant funding from the Big Sky Economic Development Trust Fund of the Montana Department of Commerce for the purpose of bringing a sawmill to Libby.…
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.