Tolko Industries Joins Up With Jasper Lumber
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).”
RELATED ARTICLES
Latest News
Katerra Merges With KEF Infra, Already Has $3.7 Billion In Bookings
Offsite design-build company Katerra and India-based manufacturing technology company KEF Infra have announced a merger that will see the newly formed KEF Katerra begin conducting operations in India and the Middle East. KEF Katerra, according…
Massachusetts Sawmill’s Planned Biomass Plant Met With Opposition
A long-planned wood-gasification plant for Roberts Brothers Lumber Co. has drawn fire from dozens of residents around the region, even though the business says it has no firm plans at this time for the project…
Vicksburg Forest Products Upgrading Mississippi Sawmill, Creating Jobs
Vicksburg Forest Products is opening a lumber mill in Vicksburg, Mississippi. After significant upgrades and modifications are complete, the multi-million dollar corporate investment will create 125 jobs. In March 2018, Anderson-Tully Company announced the closure…
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.