Interfor Purchases Four Sawmills From GP
Interfor is acquiring four sawmill operations in Bay Springs, Miss.; Fayette, Ala.; DeQuincy, La.; and Philomath, Ore. from Georgia-Pacific for $375 million. Interfor says these sawmill operations are highly complementary to Interfor’s existing platforms in the U.S. South and the Northwest.
The four sawmills have a combined annual lumber production capacity of 720MMBF. The Bay Springs, Fayette and Philomath sawmills are currently operating on a full-shift basis. The DeQuincy sawmill, which was idled in May 2020 during the COVID-19 pandemic, has an annual capacity of 200MMBF.
Interfor reports its total annual lumber production capacity will increase to 3.9 billion BF, of which 3 billion BF or 77% will be U.S.-based and not subject to softwood lumber duties. Interfor’s U.S. South production capacity will grow by 500MMBF to 2.2 billion, while production capacity in the U.S. Northwest will grow by 220MMBF to 770MMBF.
RELATED ARTICLES
Latest News
U.S. Housing Starts Rebound In February
U.S. housing starts brushed off a sluggish January and reached a seasonally adjusted rate of 1.45 million in February, up 9.8% over January. Single-family starts were 830,000, a percent above January, while multi-family (five units or more) were at 608,000, up a whopping 24% over January. The uptick in February broke a four-consecutive monthly decline for the combined starts…
Cooper Machine Partners With EWD
Cooper Machine Co., a long-established manufacturer of quality sawmill equipment located in Wadley, Ga., announced that it is partnering with German-based sawmill machine manufacturer EWD Sagetechnik. Cooper Machine has been offering equipment for sawmill, pallet, and post and pole mills since 1965. The company is in its third generation of successful management…
Canfor DeRidder Has Log Cranes In Place
Fulghum Industries, Inc. reports the commission of two recently installed 170 ft. 45-ton log cranes for Canfor. The cranes will be feeding the new $160 million sawmill at DeRidder, La…
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.