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
Roseburg Names Orozco To Direct Strategic Business
Roseburg has annouced that Nadine Orozco has been promoted to Director of Strategic Business Development. She has served as manager of strategic business development since 2022, and has been deeply involved in key company projects, including the recent sale of Roseburg’s Simsboro, La., particleboard plant to Kronospan and the company’s historic $700 million investment in Oregon manufacturing.
Kalesnikoff Announces New Mass Timber Plant
Kalesnikoff Mass Timber announced it will build a $34 million mass timber facility in West Kootenays, British Columbia. It will create up to 90 jobs.
Hoffman Companies Acquires Besse Forest Products Group
The Hoffmann Family of Companies (HFOC), a Florida-based family-owned private equity firm, has acquired Besse Forest Products Group, the longstanding Michigan-based family-run company with 10 manufacturing facilities, including four sawmills, a lumber drying concentration yard, four veneer mills and a cut-to-size plywood mill.
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.