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
Canadian, U.S. Timber Markets See Same Issues In Different Ways
Like a pair of fraternal twins, the timber markets of the United States and Canada don’t quite look identical. In the West, both sides cut conifers mainly for the U.S. housing market. The industries each…
Maine’s Katahdin Forest Products Mulls Sawmill Expansion
Katahdin Forest Products, the Oakfield-based maker of cedar log homes, is considering expanding its sawmill in Ashland at the same time that a lumber dispute between the U.S. and Canada leaves a cloud of uncertainty…
Global Softwood Lumber Trade Forecasted To Increase In 2016
Global trade of softwood lumber is forecasted to increase by almost 14% in 2016, driven by higher wood demand in China and the US, according to the Wood Resource Quarterly. The World Trade Organization (WTO)…
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.