Vida Purchases Swedish Sawmill
VIDA AB plans to acquire a 50MMBF sawmill from Ingarp Träskydd for 50 million SEK ($6 million CAD). The sawmill has the potential for expansion to 100MMBF. The acquisition marks a continued investment in the area around Vida’s sawmills in Hjältevad and Vimmerby.
Canfor operates more than 55 facilities across its diversified operating platform in Canada, the U.S. and Europe, including a 70% stake in Vida AB, Sweden’s largest privately owned sawmill company.
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Burton Acquires Industrial Cutting Tools
Burton Acquires Industrial Cutting ToolsBurton Mill Solutions announced its acquisition of Industrial Cutting Tools (ICT) of Quitman, Ga. ICT specializes in reconditioning cutting tools for sawmill, chip, and pellet operations throughout the Southeastern U.S. The...
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