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
U.S. Lumber Prices To Rise As Increased Home Building Offsets Decreased Chinese Exports
An increase in U.S. housing construction is expected to significantly raise lumber prices by the end of the year, offsetting the depressing effect China’s recent downturn in property investment has had on lumber demand. Capital…
West Fraser Investment In Pine Beetle Zone Faces Uncertain Future
The warning bell has been sounding for several years that the opportunity to extract economic value from pine beetle-killed trees would come to an end. West Fraser has focused on salvaging dead pine trees for…
Fluor-B&W Grant To Help Reopen Ohio Lumber Mill
A grant of $44,000 from Fluor-B&W Portsmouth will help reopen the former Sherwood Forest lumber mill near Waverly, which will provide jobs for 18 to 25 people when it becomes operational. The mill, which will…
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.