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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Article by Rich Donnell, Editor-in-Chief, Timber Processing April 2022 – The story in this issue on North Idaho Energy Logs, written by David Abbott, caught my attention at the mention of Pres-to-logs. Much of the Idaho company’s success in wood energy markets is because of its energy logs or fire logs composed of…
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