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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Nova Scotia’s Elmsdale Lumber Announces Big McDonough Project
Elmsdale Lumber Co. in Nova Scotia has engaged McDonough Manufacturing for what will be a complete sawmill modernization over the summers of 2022 and 2023. This project will see upgrades to both primary and secondary sawing systems designed to increase capacity and more importantly yield…
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