Header: Header: Header:

Resolute Forest Products Purchasing Three Sawmills

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381510056-0'); });

Resolute Forest Products Inc. entered into an agreement to acquire Conifex Timber Inc.’s three sawmills in the U.S. South for $163 million plus working capital estimated at $7 million. The three sawmills, with combined production capacity of 550MMB, are located in Cross City, Florida; and Glenwood and El Dorado, Arkansas.

Production capacity for Cross City is 185MMBF and it is currently operating on a two-shift basis. Glenwood’s capacity is also 185MMBF and is operating on a 1.5 shift basis. The El Dorado mill, with capacity of 180MMBF, was recently idled. Resolute intends to build on Conifex’s capital investments in recent years, including $55 million at El Dorado, $23 million in Glenwood and $12 million in Cross City. 

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381461985-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381402298-0'); });

Latest News

Hampton Goes With Comact In South Carolina

Comact has been selected as the equipment and technology supplier for Hampton Lumber’s new state-of-the-art sawmill in South Carolina. In addition to supplying the mill’s advanced systems, Comact will be responsible for managing and executing…

Richard Barge Thrived With Timberlands

Charles Richard Barge, better known as Richard, a longtime leader and innovator in timberlands management and who helped to build a modern sawmill in the late 1980s, and who was highly honored by the Mississippi…

Hampton Lumber To Build New Mill In South Carolina

On June 23, Hampton Lumber announced plans to build a new, state-of-the-art sawmill in Allendale County, SC. This facility will expand Hampton’s presence in the U.S. and support the company’s long-term vision to become North…

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548381237439-0'); });

Find Us On Social

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380448760-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380578329-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380709898-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380656716-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380767732-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1548380810300-0'); });
Newsletter

The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.

 

Subscribe Now
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.

Complete the form
Advertise

Complete the online form so we can direct you to the appropriate Sales Representative.

Contact Us