Kadant Completes Key Knife Acquisition
Kadant Inc. has completed its previously announced acquisition of Key Knife, Inc. and some of its affiliates for approximately $156 million in cash, subject to certain customary adjustments. The acquisition was financed primarily through borrowings under Kadant’s revolving credit facility. Key Knife, a global supplier of engineered knife systems for custom chipping, planing, and flaking solutions for wood product industries, is headquartered in Tualatin, Ore. with…
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Maibec Selling Its Two Sawmills To Groupe Lebel
Maibec has announced that it concluded a transaction with Groupe Lebel of Rivière-du-Loup for their acquisition of the Maibec lumber mills located in St. Pamphile, Que., and Masardis, Maine. The 315 employees of Maibec that are concerned by this transaction will...
Interfor To Invest In Georgia Sawmill
Interfor To Invest In Georgia SawmillInterfor Corporation is investing into its Thomaston sawmill in Upson County. The lumber manufacturer announced its Thomaston mill will be part of Phase II of the Southern Investment Strategy. In all, Intefor Corporation is taking...
Georgia-Pacific Announces New $150 Million Georgia Sawmill
Georgia-Pacific Announces New $150 Million Georgia SawmillGeorgia-Pacific announced plans to build a new regional lumber production facility at the Albany-Dougherty Industrial Park in east Albany on U.S. Highway 82. Construction on the $150 million,...
Canfor Says It Paid Over $50 Million To U.S. In Countervailing Duties
Canfor Corporation says it paid $51.7 million in countervailing duties in the second quarter, the result of U.S. tariffs that went into force in 2017. Canfor, which sells more than half of its lumber to the U.S., reported operating income of $282.1 million for the...
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Timber Processing
Our publication focuses on sawmill project installations in the softwood and hardwood lumber industry in North America and worldwide. Special emphasis is also given to new product technologies and to the important issues impacting the lumber manufacturing industry.
The Timber Processing editorial staff counts 90 years of combined experience in visiting sawmill operations, interviewing management and production personnel and delivering concise and accurate reports on startups and upgrades.
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