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
Oregon Truckers File Suit Against State
Rob Freres, president of Oregon-based Freres Engineered Wood, a manufacturer of lumber, veneer, plywood and mass timber, has thrown in his support for a lawsuit filed by the Oregon Trucking Assn. and three Oregon-based trucking companies against the state of Oregon for overcharging truckers under the weight-mile tax.
Hasslacher Enters North America
Austria-based Hasslacher group is acquiring a stake in Element5, a mass timber producer specializing in the design, manufacture and assembly of modern engineered timber buildings. Based near Toronto, Can., Element5 employs more than 100 and produces cross-laminated timber and glued laminated timber for the North American market.
Hampton Lumber Purchases Rebuilt
Atlas Holdings has entered into an agreement to sell RedBuilt, LLC to Hampton Lumber Mills, Inc. Atlas formed RedBuilt with the acquisition of the commercial division of Trus Joist from Weyerhaeuser Co. in 2009. Over the next 14 years, the company became an industry leader in the engineering, design and manufacturing of proprietary wood-based structural solutions serving the low-rise commercial construction market. The transaction is anticipated to close in the first quarter of 2024.
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.