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
MiCROTEC Appoints New Corvallis CEO
MiCROTEC has announced the appointment of Ofer Heyman as its new Chief Executive Officer in Corvallis, Ore. Heyman brings a wealth of experience and a background in the industry, making him a valuable addition to the MiCROTEC team…
SPI Names Robert Hoover Vice President Of Resources
Sierra Pacific Industries (SPI) has named Robert Hoover Vice President of Resources, effective Jan. 1, 2024. He will work with SPI’s team of professionals who sustainably manage the company’s 2.4 million acres of timberlands and provide a steady log supply for the company’s sawmills. Hoover is assuming this role following the retirement of Dan Tomascheski at the end of the year…
U.S. Housing Starts Boom In November
U.S. housing starts—single-family and multi-family combined—made their largest monthly increase in 2023, jumping 14.8% in November over October to a rate of 1.560 million. Single-family starts in November were at a rate of 1.143 million, a whopping 18% above October, while multi-family was 404,000 in November, up nearly 9% over October…
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.