Simonds International, Burton Saw Merge To Form Wood Fiber Holdings

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

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.

Latest News

Slow Demand, Rising Production Stalls Lumber And Panel Markets

New WOOD MARKETS five-year forecast calls for continued volatility as North American and global lumber markets continue to recover and grow. In WOOD MARKETS’ new five-year forecast, the short-term outlook is that North American and…

Biewer Lumber Locating New $85 Million Sawmill In Mississippi

Officials from Biewer Lumber announce the company is locating a state-of-the-art sawmill in Newton, Miss. The project represents a corporate investment of $85 million and will create 125 jobs. Construction of the new sawmill is…

Pardee Resources Sells West Virginia Sawmill To Hamer Company

Pardee Resources has sold a sawmill in West Virginia to the Jim C. Hamer Company. Philadelphia-based Pardee announced the recent closure of the sale on Wednesday in a news release. Terms of the deal weren’t…

« Older Entries

Next Entries »

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