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Binderholz Wins Auction For Klausner Two

Binderholz Wins Auction For Klausner Two Austria-based Binderholz Group has purchased, through auction, the bankrupt Klausner Lumber Two LLC sawmill operation in Enfield, NC for $83.4 million. Binderholz had already purchased, at auction in August, the bankrupt...

Western Producer Goes South

Western Producer Goes South Idaho Forest Group is building a sawmill in Lumberton, Miss., in Lamar County. The project is a $120 million corporate investment and will create up to 135 jobs. Headquartered in Coeur d’Alene, Idaho, IFG operates six sawmills and a...

UFP Industries Purchases PalletOne

UFP Industries Purchases PalletOne UFP Industries, LLC is purchasing PalletOne, Inc. for $232 million. UFP has also agreed to pay $18 million for PalletOne’s recent capital expenditures. Based in Bartow, Fla., PalletOne is a leading manufacturer of new pallets in the...

West Fraser Purchases Norbord For $3 Billion

West Fraser Purchases Norbord For $3 Billion West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West...

Klausner-Enfield Deal Is Near

Klausner-Enfield Deal Is Near Mayr-Meinhof Holz, which lost out in September 2020 on the bid and acquisition of the bankrupt Klausner Lumber One sawmill in Live Oak, Fla. to Binderholz Group, was the preliminary round bid leader (Stalking Horse bidder) for the...