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FRA: Labor Challenges On Everyone’s Mind

From: Eric Kingsley at the Forest Resources Association (FRA) Using my social media accounts on Twitter and LinkedIn, as well as an email to about 30 contacts in the forest industry I know and trust, I’m doing some work on trends in the forest industry and decided to...

Alabama’s Westervelt Co. Announces New SYP Sawmill

The Westervelt Co. on Tuesday announced the construction of a new lumber mill in Thomasville that will create 125 jobs. The Tuscaloosa-based company said in a news release that the Thomasville facility will produce around 250 million board feet of Southern yellow pine...

Canfor To Acquire South Carolina’s Elliott Sawmilling Co.

Canadian wood product leader Canfor Corp. has purchased South Carolina-based Elliott Sawmilling Co. for $110 million. The purchase price represents a 4.3 times earnings before interest, tax, depreciation, and amortization (EBITDA) multiple based on Elliott’s...