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
Finnish Sawmill Luvia Saha Upgrades Dry Kilns
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); With the goal of increasing drying capacity, Finnish sawmill company Luvian Saha Oy has invested in one new FB-continuous kiln and the modernization of three older continuous kilns from Valutec, and…
Stimson, IDL Agreement Protects Idaho Forest
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); A group including Stimson Lumber Co., the Idaho Dept. of Lands (IDL), and non-profit Trust for Public Land recently announced an easement agreement that will protect 10,846 acres of working forests…
Mill Companies Announce Investments; Acquisitions; Sales
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Precisions Hardwoods Invests In Technology Upgrades Located in northern Michigan in the small town of Onaway, Precision Hardwoods is moving ahead on a $12 million expansion project that will boost production…
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.