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
Hampton Lumber Names Schillinger New CEO
Hampton Lumber has announced that Randy Schillinger will join Hampton Lumber & Family Forests as its new CEO, effective June 26, 2023, taking over for Steve Zika who has served as CEO of Hampton since 2003 and announced his retirement earlier this year. Schillinger has over 25 years of experience in the Pacific Northwest wood products industry. He began his career with…
Combilift Launches New Product At Ligna
As leading forklift manufacturer Combilift continues its 25 years in business celebrations with the launch of another new model truck, this time at Ligna, the international timber and woodworking show, held in Hanover. The new Combi-CB70E is a further addition to Combilift’s ever growing range of electric models which offers powerful performance, extensive…
Housing Starts Increase In April
Housing starts across the U.S. increased in April 2.2% to 1.4 million according the U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction report released May 17. Notably, this is 22.3% lower than April 2022’s 1.8 million. Single-family home construction increased 1.6% to its highest level so far in 2023. Starts of apartment…
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.