Simonds International, Burton Saw Merge To Form Wood Fiber Holdings
The 186-year-old Fitchburg, Massachusetts-based Simonds International and 115-year-old Eugene, Oregon-based Burton Saw merged into Wood Fiber Holdings, in a transaction that the companies report will create the leading producer and marketer of cutting tools and related equipment for the primary wood fiber industry.
According to company officials the combined entity, Wood Fiber Holdings, Inc., will continue to operate in the United States and Canada with 12 facilities located in the major wood fiber regions of North America. All products and customers segments currently served by Burton, Simonds and B.G.R. Saws will continue uninterrupted during the integration process and thereafter.
Ray Martino, President & CEO of Simonds said, “This merger will combine the two leading companies in our industry with a deep history of product innovation, quality products and customer focused organizations providing value added services to our customers.”
“The cultures of the two companies are similar and will strengthen our service to the industry. The Burton, Simonds and B.G.R. brands are prominent in the industry and will remain a core part of the combined company in the future,” Martino added.
Craig Tompkins, President & CEO of Burton Saw said, “The merger brings together the strengths of two great companies with a common goal, efficient and innovative solutions to the industry we serve. The products and services offered by the merger will enable both companies to go beyond current offerings and bring a complete solution through products, services and equipment that reflect the needs of the marketplace.”
From Area Development: areadevelopment.com.
RELATED ARTICLES
Vollmer of America Partners With Burton Saw & Supply
Latest News
Tennessee Sawmill To Expand, Creating 100 News Jobs
Escue Wood Treated Products, a manufacturer of pressure-treated wood, will invest $3.3 million in a new manufacturing facility in Tennessee – creating 100 jobs. The new facility will produce 60 million board feet of treated…
Metsa Wood Calls For Collaboration In Timber Innovation
Modular construction, using timber as a key element, is a credible solution to fast and sustainable house building. However, Metsä Wood believes that more needs to be done in terms of sharing knowledge and innovation…
More Record-Level Lumber Prices Expected In 2018 From U.S. Import Duties
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); In WOOD MARKETS’ new five-year softwood lumber forecast, the continuation of U.S. duties on Canadian lumber exports to the U.S. are expected to cause more short-term market and price volatility. The…
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.