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
Rex Lumber Plans To Build Sawmill In Alabama, Hunt-Tolko, GP, Canfor Also Announce New Sawmills
Southern pine lumber sawmills will soon be spreading like kudzu, with four companies in the past 10 days making announcements that they’re building new ones. Rex Lumber Co. plans to invest $110 million to build…
Information To Be Had
Article by Rich Donnell Editor-in-Chief You may be aware that Timber Processing magazine is closely affiliated with Panel World and Wood Bioenergy magazines. While TP obviously covers the lumber industry, PW focuses on panels and…
Maine Sawmill Planning ‘Several Million Dollars’ In Upgrades
With a rise in lumber prices, Aroostook County’s largest sawmill is gearing up for an expansion and investments in efficiencies. Maibec, the St. Pamphile, Quebec-based company that acquired the former Levesque sawmill in Masardis in…
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.