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Interfor Purchases Four Sawmills From GP

Interfor Purchases Four Sawmills From GP Interfor is acquiring four sawmill operations in Bay Springs, Miss.; Fayette, Ala.; DeQuincy, La.; and Philomath, Ore. from Georgia-Pacific for $375 million. Interfor says these sawmill operations are highly complementary to...

Canfor Plans New Sawmill In Louisiana

Canfor Plans New Sawmill In Louisiana Canfor Corp. announced it will invest $160 million to build a new sawmill near DeRidder, La. The facility will have an annual production capacity of 250MMBF on a two-shift basis and will employ 130. Startup is expected to commence...

Single-Family Starts Dip, But Multi-Family Ticks Upward

Single-Family Starts Dip, But Multi-Family Ticks Upward U.S. housing starts (single-family and multi-family combined) came in at a seasonally adjusted annual rate of 1.569 million in April, down 9.5% from March but 67% above April 2020 when the pandemic severely hit...

Stimpson Retires After Active Career

Stimpson Retires After Active Career Fred Stimpson, one of the Stimpson family members who ran Gulf Lumber Co. in Mobile, and who was most recently president of Canfor Southern Pine for six years, announced his retirement this past December. In April Canfor elected...

Satellite Pellet Mills Will Count On Sawmill Byproducts

Satellite Pellet Mills Will Count On Sawmill Byproducts Drax Group will begin constructing the first of three new “satellite” pellet plants in Arkansas, the company has announced. The three plants are together expected to produce around 120,000 metric tons of...