Idaho Forest Group Acquires Tricon Timber Sawmill
One of the nation’s largest lumber producers based in Coeur d’Alene is acquiring Tricon Timber’s stud mill in St. Regis. The Idaho Forest Group, a family owned wood products company, announced the acquisition. The transaction is scheduled to close by Dec. 1, 2017.
“The St. Regis sawmill acquisition supports our continued growth and will be an excellent strategic addition to our existing operations in Northern Idaho,” Erol Deren, Idaho Forest Group vice president of sales and marketing, said in a statement posted online. The company did not return a request to comment.
Tricon Timber primarily constructs stud framing lumber as well as softwood flooring and wainscot materials from its mill in St. Regis. The timber plant dates back to 1985, when it started production at a mill in Wyoming. The operations moved to St. Regis in the late 1980s and the location was picked due to the availability of timber that was regenerated from the 1910 fire, according to the company.
Timber companies across western Montana have decried the lack of available timber, and in recent years significant consolidation and closures have occurred. Most prominently, Weyerhaeuser Co. merged with Plum Creek Timber Co. in early 2016.
Idaho Forest Group was formed in 2008 when two regional timber outfits — Riley Creek Lumber and Bennett Forest Industries — combined.
From the Flathead Beacon: flatheadbeacon.com.
Latest News
Industry Says Goodbye To Walter Jarck
Walter Jarck, whose career in the forest products industry spanned 65 years and ranged from logging machinery to engineered wood products, died January 3, surrounded by his children, in North Wilkesboro, NC. He was 92.
Carbotech Acquires Sawquip
Carbotech Group has acquired Sawquip, a manufacturing company specializing in the design and manufacture of sawmill equipment for the primary and secondary breakdown of logs into lumber. This acquisition allows Carbotech Group to add on a new field of expertise, providing customers with innovative new solutions for lumber production. Sawquip’s innovative products include log turners and optimized log infeeds, chipping canters, twin and quad circular saw modules, as well as optimized gangs for controlled shape sawing, among others.
Oregon Truckers File Suit Against State
Rob Freres, president of Oregon-based Freres Engineered Wood, a manufacturer of lumber, veneer, plywood and mass timber, has thrown in his support for a lawsuit filed by the Oregon Trucking Assn. and three Oregon-based trucking companies against the state of Oregon for overcharging truckers under the weight-mile tax.
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.