Northwest Hardwoods Completes Acquisition Of Industrial Timber & Lumber
Northwest Hardwoods Inc. (NWH) has recently completed the acquisition of Industrial Timber & Lumber Company (ITL) based in Beachwood, Ohio. NWH is headquartered in Tacoma, WA and has operations in the United States, Canada, China, and Japan.
ITL is one of the largest global suppliers of North American hardwood. It sells over 200 million board feet of high quality hardwood lumber annually and has approximately 400 employees. ITL owns two integrated sawmills, four concentration yards and one dedicated service center with operations in Ohio, West Virginia, North Carolina and Pennsylvania.
“We couldn’t be more pleased to acquire a great company like ITL to better serve our customers. NWH is adding a business with highly motivated and experienced employees, outstanding quality products, highly automated and efficient mills, and an attractive worldwide customer base that relies on ITL for essential products and industry leading customer service. The highly respected ITL brand name is the perfect compliment to the NWH brand which has been recognized as the ‘Gold Standard’ for hardwood for nearly 45 years,” said TJ Rosengarth, President and CEO for NWH.
“Our employees are very excited about this combination of two great companies. Our customers have grown accustomed to the high quality products and industry leading service model that ITL provides. This combination with NWH will allow us to better serve those customers with an even wider array of products” said Larry Evans, President of ITL who will continue to lead the ITL organization for NWH as it operates as a wholly owned subsidiary of NWH.
From: Business Wire: businesswire.com.
RELATED ARTICLES
Northwest Hardwoods Reconfigures
Collins Appoints TJ Rosengarth President & CEO
Northwest Hardwoods: 20-Year Project
Latest News
Chunk Of Timberland Sold In U.S. South
Ontario Teachers’ Pension Plan Board’s Tamarack Timberlands LLC, an investment vehicle owned by Ontario Teachers, has assumed ownership of 870,000 acres of timberland in the U.S. South from Resource Management Service (RMS). The large-scale timberland portfolio of high-quality loblolly pine is spread throughout the U.S. South and…
New Chinese Log Requirements
On December 20, 2021, the General Administration of Customs of the People’s Republic of China (GACC) released Decree 110. The Decree, entitled Quarantine Requirements on Pine Wood Imported from Countries with Occurrence of Pine Wood Nematodes is believed to generate more cost and probably new challenges to the U.S. export of logs and lumber to China…
Weinig Gains CLT Project
The Weinig Group reports it has received an order as a complete supplier for a CLT project at HolzBauWerk Schwarzwald GmbH, including all automation components, planers, crosscut saws, fingerjointing lines, edge-gluing machines for longitudinal and cross-layers, plus the…
New Sawmill Is Planned For Near Forks
He’s back. Phil Johnson, who was one of the principals and helped to build sawmill operations called Lewis County Forest Products in Winlock, Wash. and Mason County Forest Products in Shelton, Wash., is in the sawmill development business again with Spencer Forest Products and its proposed softwood sawmill in…
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.