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
Hampton Buys Conifex Sawmill
Hampton Lumber is purchasing the Fort St. James, BC sawmill and associated forest license from Conifex Timber Inc. for $39 million plus the market value of finished lumber and log inventory at closing. Ken Shields,…
Pinnacle, Tolko Team Up Again
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); Pinnacle Renewable Energy has entered into a limited partnership agreement with Tolko Industries Ltd. to build Northern Pellet Limited Partnership, a new industrial wood pellet production facility in High Level, Alberta.…
SFPA Expo Attracts Sawmillers
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); More than 180 exhibitors attended the Forest Products Machinery and Equipment Exposition produced by Southern Forest Products Assn. at the Georgia World Congress Center in Atlanta from June 24 to 26.…
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.