by Kirkland | Dec 16, 2020 | News
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...
by Kirkland | Dec 16, 2020 | Machinery Row
Redwood Plastics And Rubber Celebrates 50 Years In Business Redwood Plastics and Rubber has announced that 2021 will be its 50th year in business. A huge milestone for the firm, which began serving customers in 1971, they have achieved strong, sustained growth...
by Kirkland | Dec 16, 2020 | News
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...
by Kirkland | Dec 15, 2020 | News
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...
by Kirkland | Dec 10, 2020 | News
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...
by Kirkland | Dec 9, 2020 | The Issues
SOMEBODY FIX MY REARVIEW MIRROR Article by Rich Donnell, Editor-in-Chief, Timber Processing December 2020 The year began with this magazine’s announcement of Georgia-Pacific Lumber President Fritz Mason as the annual Person of the Year. We had grand plans to present...