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.
Latest News
Despite Expiration Of SLA, Lumber Prices And Housing Starts Increase
The anticipation of a Federal Reserve rate hike earlier this month had global market analysts teetering on the edge of their seats. They breathed a collective sigh of relief after the Fed announced it would not being raising interest rates at this time, and the...
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.