Woodgrain Millwork Buys Idaho Sawmill
Woodgrain Millwork Inc., which makes doors, mouldings and windows, announced Thursday that it bought the sawmill from Gem Forest Products. Woodgrain Millwork gained control of the equipment and lumber on the site as part of the purchase. Other details about the transaction were not disclosed.
The mill closed last month, said Lt. Gov. Brad Little. In February, Woodgrain Millwork employees will begin two to three months of work processing the mill’s existing inventory, the company said in a news release. Crews will take several more months renovating the mill before it begins operating permanently later in the year. “This is great news for Idaho and particularly for my little home town,” Little said.
The mill has had a tumultuous history since 2009, when Montana timber entrepreneur Dick Vinson bought the property and cobbled together its equipment under the name Emerald Forest Products. The mill cost $4 million in federal stimulus money and at least $7 million of Vinson’s own money. But it never operated efficiently enough to be profitable, and the mill closed until 2014, when Gem Forest Products bought the foreclosed property.
A mill employee lost his arm at the shoulder last July while operating equipment. The sawmill is on property where Boise Cascade Co. once operated a larger sawmill. Its closing caused hundreds of employees to leave Emmett to seek work elsewhere. Woodgrain Millwork plans to use the Emmett mill to supply lumber to its Fruitland mill.
From the Idaho Statesman: idahostatesman.com.
Latest News
Atlas Holdings Announces Sale Of RedBuilt
Atlas Holdings announced that it has entered into a definitive agreement to sell RedBuilt, LLC to Hampton Lumber Mills, Inc. Atlas formed RedBuilt with the acquisition of the commercial division of Trus Joist from Weyerhaeuser Co. in 2009. Over the next 14 years, the company became an industry leader in the engineering, design and manufacturing of proprietary wood-based structural solutions serving the low-rise commercial…
New From BID: Comact-Branded AI-Powered Linear Resaw Optimizer
BID Group has announced a brand-new innovation: The ResawExpert, a Comact-branded AI-powered linear resaw optimizer with vision, which will take wood transformation to a whole new level of precision, efficiency, and performance. The Comact ResawExpert is a…
Endowment Welcomes New Board Members
U.S. Endowment for Forestry and Communities announces that Fritz Mason, Paul Hossain and Anna Torma were elected as new directors at the organization’s fall board meeting. “Drawing upon diverse backgrounds, they each bring a distinctive perspective and unique vision. We look forward to collaborating with them to further the mission of the Endowment,” comments Pete Madden, President and CEO of the Endowment…
Kadant Completes Key Knife Acquisition
Kadant Inc. has completed its previously announced acquisition of Key Knife, Inc. and some of its affiliates for approximately $156 million in cash, subject to certain customary adjustments. The acquisition was financed primarily through borrowings under Kadant’s revolving credit facility. Key Knife, a global supplier of engineered knife systems for custom chipping, planing, and flaking solutions for wood product industries, is headquartered in Tualatin, Ore. with…
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.