ACHESON, Alberta - Alberta-based forest products firm Millar Western Forest Products has acquired Spruceland Millworks Inc, a manufacturer and distributor of spruce-pine-fir (SPF) wood products. Millar Western has acquired all shares of the company, its manufacturing operations in Acheson, Alberta, and its woodlands assets.
Spruceland Millworks is a value-added manufacturer and international distributor of high quality SPF wood products. Started in 1982 by Ben Sawatzky with a simple table saw and a second-hand forklift, Spruceland Millworks has grown to over 100 employees and operate a 130,000-square foot manufacturing facility in Acheson.
"For the past 35 years, Spruceland Millworks has been a leader in Alberta's value-added wood products sector, developing new products and building new markets in Canada, the U.S. and overseas," said Craig Armstrong, president and chief executive officer of Millar Western. "Through most of those years, Millar Western has been Spruceland's largest supplier of raw material. We look forward to working in even closer partnership with Spruceland leadership to continue the advancement of this dynamic business."
This transaction will strengthen Millar Western by integrating the company's existing sawmill operations with Spruceland's value-added manufacturing capabilities. Operating as a division of Millar Western, Spruceland will continue to work under its existing, proven management team and highly-regarded brand.
"Alberta forest companies have a reputation as progressive, responsible and innovative," said Tim Fazio, managing partner and co-founder of Atlas Holdings, which entered into partnership with Millar Western in May 2017, becoming majority shareholder. "We are excited about the prospects for growth and expansion within the province's forest sector, led by proven companies like Millar Western and Spruceland."
Ben Sawatzky, Spruceland Millworks chief executive officer, commented that the two companies share a family-business background and a common approach to management. "With their long history in Alberta, strong core values, proven ability in sustainable forest management, commitment to the value-added sector and reputation as a good employer, Millar Western is ideally suited to assist Spruceland in its next phase of growth. I am especially pleased that this strategic alliance will ensure a strong future for Spruceland's dedicated staff and security of supply for our valued customers."
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