Washington Lumber Companies Merge To Form Alta Forest Products
Morton-based Alta took over the ownership, operations and assets of the two companies, including four manufacturing sites in Morton, Shelton, Amanda Park, Wash., and Naples, Idaho.
Alta will continue to employ more than 400 and produce annually more than 300 million board feet of finished goods.
“This agreement will help secure employment to the local communities and strengthen the regional economy built on the growing lumber industry,” the company said in a statement.
The executive group consists of President and Chief Executive Mike Pedersen, Chief Operating Officer Peter Stroble, Chief Financial Officer Brian Cox and vice president of sales Jeffrey Cook. They also will be governed by a board of directors.
Latest News
Arizona Seeks Huge Forest Investment
Article by Dan Shell, Senior Editor, Timber Processing October 2019 Lumber-producing companies make investments all the time to capitalize on targeted resources and wood baskets. What kind of investment would it take to handle 1.097…
Alamo Group Acquires Morbark
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Stellex Capital Management, a middle market private equity firm, has entered into an agreement to sell Morbark, LLC, a leading manufacturer of high-performance equipment and after-market parts for the forestry, recycling,…
SmartLam Relaunches As SmartLam North America
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Cross-laminated timber producer SmartLam has expanded as SmartLam North America under new leadership and investment from Brian Fehr, Erik Munck and SmartLam founder Casey Malmquist. SmartLam North America has established its…
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.