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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Binderholz Enfield LLC held a grand-opening in April to commemorate the official opening of its lumber production facility near Enfield in Halifax County, NC. Company, local community, and elected officials participated in the event alongside Binderholz’s corporate leadership from Austria. The Enfield facility will produce southern yellow pine lumber used in residential and…
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