Construction started July 11 on a $110 million lumber production facility that will support the creation of nearly 500 new jobs in northwest Louisiana.
VERNON, British Columbia – Southeastern Timber Products LLC, a joint venture partnership with Tolko Industries, earmarked $150 million to expand its lumber mill in Ackerman, Miss.
VANCOUVER, B.C. -- BID Group has agreed to acquire Smith Sawmill Service. The transaction brings together two customer-focused organizations and further expands BID’s industry-leading operational life cycle product and service offerings to include the essential recurring saw and tooling capabilities required to support modern wood processing operations.
BID Group, a producer of sawmill equipment automation, manufacturing, installation, and life cycle service, is expanding and automating its St. George, S.C., operations.
ST. HELENA, La. – Florida Parishes Forest Products LLC is looking to construct a sawmill that could employ 95 people by 2022. According to the Advocate, the company is seeking an economic incentive agreement with the state that would include exempting the mill from property taxes for up to its first 10 years. The exemption is reportedly contingent on approval of the local school board, sheriff's office and police jury. The sawmill would source logs from the more than 200,000 acres of forest located in the parish.
Price drops are likely to make a significant number of sawmills become non-profit operations as profit margins for hardwood sawmills are very small right now.
URANIA, La. -- LaSalle Lumber Co. has dedicated its new $115 million sawmill in central Louisiana. Earlier, LaSalle shipped the first truckload of lumber from its new sawmill in Urania. The mill began start-up operations in December and made it first shipment in March. “We’re very happy with how the start-up process has gone to date,” LaSalle Lumber plant manager Nick Landi said earlier when the first shipment was made.