Lesprom 05:32 AM / May 31, 2022, PotlatchDeltic Corporation and CatchMark Timber Trust, Inc. have entered into a definitive agreement to combine in an all-stock transaction. The acquisition by PotlatchDeltic will strengthen and diversify a leading integrated timber REIT and continue to enhance shareholder value. Based on the closing stock prices of PotlatchDeltic and CatchMark […]

www.woodbusiness.ca, May 26, 2022 By Astara Captial Partners Astara Capital Partners, LLC announced that it has formed Camden Timbers, LLC to acquire and restart the assets of Victory Lumber, LLC, a Southern Yellow Pine sawmill located in Camden, Ark. Camden Timbers is Astara’s second sawmill investment in the ACP Lumber Holdings, LLC platform following its […]

The Winona (MS) Times, By TISH BUTTS Thu,04/28/22-11:31AM, Gov. Tate Reeves was in Winona on April 21 for a site visit to the recently opened Biewer Lumber. Headquartered in St. Clair, Michigan, Biewer Lumber has two sawmills in that state, two in Wisconsin, one in Newton, Miss. and now, one in Winona, according to the […]

mississippi.org, CLAW Forestry creating over 130 direct jobs Company investing nearly $200 million in sawmill Jackson, Miss. (April 27, 2022) – CLAW Forestry Services, LLC announced today that an affiliate is locating a state-of-the-art sawmill in Gloster within Amite County. The project represents a corporate investment of nearly $200 million and will create 131 direct […]

LBM Journal By LBM Journal -April 25, 2022, Vancouver, BC — Canfor Corporation has announced it will invest approximately $130 million to significantly upgrade and expand its sawmill and planer facility located in Urbana in Union County, Arkansas. The investment will enhance manufacturing, and increase annual production at the facility by 115 million board feet, […]

https://www.americanpress.com/ Published 5:26 pm Thursday, April 21, 2022 By Pamela Sleezer, The official groundbreaking for a new sawmill plant in DeRidder was held on Thursday at the facility’s future location at 4227 La. 190 West. Canfor Southern Pine’s DeRidder site is projected to be a $160 million state-of-the-art sawmill complex, and will be Canfor’s 16th […]

https://www.bicmagazine.com/ APRIL 20, 2022 8:41 AM, Great Southern Wood Preserving, the lumber processing company best known for its YellaWood® brand pressure-treated pine, is investing $22.5 million to expand the selection of wood treatments for residential, industrial and marine use produced at its Avoyelles Parish facility. Louisiana lumber expansion In addition to its residential and marine […]

https://www.businesswire.com/ April 05, 2022 11:30 AM Eastern Daylight Time, ATLANTA–(BUSINESS WIRE)–Domain Capital Group, LLC, a comprehensive private investment management services firm, today announced its subsidiary, Domain Timber Advisors, LLC, assumed investment responsibilities for a 27,000-acre forestland portfolio in central and eastern Virginia. The portfolio is owned by one of Domain’s existing separate account clients. Domain […]

https://www.businesswire.com/ March 21, 2022 12:00 PM Eastern Daylight Time ATLANTA–(BUSINESS WIRE)–Domain Capital Group, LLC, a comprehensive private investment management services firm, today announced its subsidiary, Domain Timber Advisors, LLC, finalized the purchase of 1,672 acres of timberland in west Georgia, expanding the firms’ Southeast timber portfolio. “We believe this investment presents a promising opportunity as […]

https://www.msstate.edu/ Contact: Vanessa Beeson STARKKVILLE, Miss.—A $500,000 federal grant will help Mississippi State researchers use artificial intelligence to increase the accuracy of lumber evaluation. The U.S. Department of Agriculture award funds an innovative research project in MSU’s Department of Sustainable Bioproducts that aims to improve lumber grading systems with a machine-learning model. The research will […]

Union Springs (AL) Herald, Mar 9, 2022, The Alabama timber industry is successfully healing after the COVID-19 pandemic’s temporary crippling of the market two years ago. The virus’s impact on mill capacity rates and lumber prices started in early 2020, and it is still likely to cause problems in the supply chain from time to […]

https://gov.louisiana.gov/ February 16, 2022 Gov. John Bel Edwards and Origin Materials, a carbon-negative materials company committed to leading the global transition to sustainable materials, announced that the company plans an investment of at least $750 million to develop a biomass manufacturing facility in Ascension Parish that will result in 1,057 new direct and indirect jobs. […]