Vida Purchases Swedish Sawmill
VIDA AB plans to acquire a 50MMBF sawmill from Ingarp Träskydd for 50 million SEK ($6 million CAD). The sawmill has the potential for expansion to 100MMBF. The acquisition marks a continued investment in the area around Vida’s sawmills in Hjältevad and Vimmerby.
Canfor operates more than 55 facilities across its diversified operating platform in Canada, the U.S. and Europe, including a 70% stake in Vida AB, Sweden’s largest privately owned sawmill company.
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Jasper Lumber Project Nears Completion
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Jasper Lumber Co. is nearing completion on the previously announced $135 million investment to modernize its sawmill in Walker County, Alabama. The multi-year upgrade, which began in 2020 and is expected…
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