Tolko Industries Enters Partnership With Mississippi Sawmill
Vernon’s Tolko Industries has entered into a 50-50 joint venture partnership with Southeastern Timber Products (STP), a lumber mill in Ackerman, Mississippi.
The mill will be known as Southeastern Timber Products LLC, an STP-Tolko Partnership.
“We’re pleased to have found a partner like STP that we share the same family-owned business values with,” said Tolko CEO Brad Thorlakson. “We look forward to the opportunity to invest in this, our second asset in the U.S., to support the future growth of our company. We’re pleased to support this facility and enhance its sales, marketing and logistic capabilities to service our customers across North America and abroad.”
STP manager Billy VanDevender is excited to be partnering with Tolko.
“Tolko has a long family history in the lumber manufacturing business and a proven ability to excel in our industry,” said VanDevender. “We are thrilled about our partnership.”
From the Vernon Morning Star: vernonmorningstar.com.
RELATED ARTICLES
Hunt, Tolko Plan Second Sawmill In La.
Tolko Industries Joins Up With Jasper Lumber
Latest News
Idaho Industry Teams Up With Colleges To Fill Sawmill Jobs
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Idaho’s sawmills once relied on the brute strength of their workers to turn logs into lumber. Now, they need more employees like Jeremy Lozano-Keays. The 30-year-old electrical technician is part of…
Florida’s Rayonier Offers $807 Million In Friendly Offer For Tembec
Montreal-based lumber, paper and pulp producer Tembec has received an $807 million US offer to take over the company from Florida-based conglomerate Rayonier Advanced Materials. Jacksonville-based Rayonier is offering Tembec shareholders $4.05 Cdn per share,…
Analyst: Canfor Corp., West Fraser Timber Merger Speculation
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Recent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority stake in the company, prompting speculations of a merger with rival…
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.