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Paper Excellence Purchases Resolute

Paper Excellence Purchases Resolute Richmond, BC-headquartered and privately held holding company, Paper Excellence Group, a manufacturer of pulp and paper products with seven facilities in Canada, through its wholly-owned subsidiary Domtar Corp. is acquiring...

USNR Acquires Timber Automation

USNR Acquires Timber Automation USNR, a division of Wood Technologies International, has acquired Timber Automation, an industry leader in sawmill equipment and technology. The deal adds more than 250 employees and more than 200,000 sq. ft. of manufacturing space....

Softwood Board, FS Announce Mass Timber Awards

Softwood Board, FS Announce Mass Timber Awards The Softwood Lumber Board (SLB) and USDA Forest Service recently awarded $2 million total to six projects that highlight innovative architectural design and mass timber’s significant role in carbon reduction. According to...

BID Group Purchasing Smith Sawmill Service

BID Group Purchasing Smith Sawmill Service BID Group has entered into an agreement to acquire Smith Sawmill Service. The transaction further expands BID’s product and service offerings to include the essential recurring saw and tooling capabilities required to support...

UFP Industries Acquires 50% Stake In Dempsey Wood Products

UFP Industries Acquires 50% Stake In Dempsey Wood Products UFP Industries has announced that its affiliate, PalletOne, Inc., has acquired a 50% equity stake in South Carolina sawmill company, Dempsey Wood Products, LLC. The purchase agreement includes options for...