Tolko Industries (U.S.) Ltd. and Jasper Lumber Co. have announced a 50-50 joint-venture partnership in Jasper’s existing southern yellow pine sawmill, shavings, chipping and trucking operations in Jasper, Ala., with plans to expand lumber production. The collaboration will be known as Jasper Forest Products LLC, A Jasper-Tolko Partnership.
“This joint venture project is an important part of our company growth and we’re excited to be investing in this mill with Jasper Lumber,” says Tolko CEO Brad Thorlakson. “This is our third U.S. lumber partnership and supports our product and geographic diversification.”
“We couldn’t be more excited to be partnering with Tolko,” adds Jasper Lumber Chief Operating Officer Roy Beall. “Tolko has a proven track record in our industry and a long family history in the lumber manufacturing business. We look forward to working with Tolko, our valued customers, and the state and local economic development community as we create jobs and expand capacity from our current 70MMBF to approximately 200MMBF (annually).”
Utilizing major cogeneration residual, Humboldt Sawmill in Scotia, Calif. has obtained a European Biochar Certificate, the first U.S. based company to do so. Through the production of biochar, a byproduct of its Scotia, California cogeneration plant, Humboldt Sawmill is providing a sustainable product that can be added to soils by farmers and other landowners to aid in…
Interfor is acquiring the WestRock sawmill in Summerville, SC for US$59 million. The Summerville mill produced 125MMBF in 2020. A new permit was received in 2020 that allows for the production of up to 200MMBF and Interfor has identified a number of operational and capital investment initiatives to optimize and…
U.S. housing starts were at a seasonally adjusted rate of 1.580 million for January, a 6% decrease from December and 2.3% below January a year ago, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential construction report…
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