Patrick Lumber Co. Acquires Portions Of Mary’s River Lumber In Oregon
Portland-based Patrick Lumber Co. announced Wednesday it has acquired a portion of Mary’s River Lumber Co., in Philomath. The acquisition includes 8 acres that encompasses five dry kilns and the reman plant.
“The Philomath operation will begin by processing primarily high-grade Douglas fir and hemlock lumber creating an opportunity for a dozen employees with plans for expansion,” according to a Patrick Lumber press release. The company said McCool Millworks, based in Sweet Home, will head operations.
Established in 1915, Patrick Lumber Co., describes itself as “a secondary manufacturer and exporter of niche high-grade softwood products sold to a network of worldwide distribution.” The Philomath acquisition is expected to add approximately 20 percent to Patrick Lumber’s processing capacity.
Mary’s River Lumber, which had 80 workers at a cedar sawmill in Philomath and a finishing plant in Corvallis, stopped operating in March 2016 after 42 years. An “extreme shortage of (cedar) logs” primarily due to harvest restrictions in public forests was cited by the company as a reason for the closure.
Mary’s River Lumber plants were also closed in Washington state, including Montesano. In December, Fox Lumber Co., of Hamilton, Montana, closed a deal to acquire buildings and equipment of a finishing mill operation while leasing land from the city, reported the Vidette, a Montesano newspaper.
From The Philomath Express: gazettetimes.com.
Latest News
Conservation Group Buys Maine Timberland Tract
The Conservation Fund has purchased 15,408 acres of Maine woodland from Chadbourne Tree Farms LLC in Oxford County. The primarily white pine tract was assembled by the…
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…
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.