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
Canfor DeRidder Has Log Cranes In Place
Fulghum Industries, Inc. reports the commission of two recently installed 170 ft. 45-ton log cranes for Canfor. The cranes will be feeding the new $160 million sawmill at DeRidder, La…
New Pellet Mill Entices Area Sawmills
Some Georgia sawmills will have a new market for their byproducts as Spectrum Energy Georgia LLC plans to begin construction this summer of the largest industrial wood pellet facility in the world at Adel, Ga. and expects to commission the plant 12 months later, or summer of 2024. The plant will operate at the site of an idled particleboard facility. The plant will have the ability to receive and process all forms of biomass, including sawmill residues (chips, sawdust and shavings), pulpwood, top wood, and in-woods chips…
Your Tax Dollars Not At Work
Article by Rich Donnell, Editor-in-Chief, Timber Processing March 2023 –You may be aware of our affiliate magazine, Panel World, which covers the structural and non-structural wood panel industries in a similar way that Timber Processing covers the lumber industry. Recently in Panel World we ran a…
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.