Resolute Forest Products Purchasing Three Sawmills
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.
Latest News
GP Shakes Up Operations Leadership
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Georgia-Pacific has changed its operations leadership. Jeff Koeppel, senior vice president of operations, will retire in the first quarter of 2025. A role he has held since 2016, Koeppel’s been a…
2025 WWPA Master Lumberman Nominations Open
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Western Wood Producers Assn. (WWPA) has opened nominations for the 2025 Master Lumberman honors. The awards will be presented at the Association’s Annual Meeting on April 14, 2025. Master Lumberman is…
Spruce Products Ltd. Goes With Valutec TC Continuous Kiln
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); At a time when low-cost mass production solutions are the norm, it’s worth remembering why custom products from specialized companies will always have their place. When sawmill plant manager Rod Pidskalny…
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.