NEW YORK — Two Idaho forest products companies, Bennett Forest Industries and Riley Creek Lumber, are combining to strengthen ties to large customers, including Home Depot Inc. and Lowe's Co. Inc., as the market for lumber slumps, according to CNN Money.com. Terms of the transaction were not disclosed.
The combined Bennett-Riley Creek operation will have four Idaho-based mills. Riley Creek brings facilities located in Chilco, Laclede and Moyie Springs, all in northern Idaho, while Bennett finished work two years ago on its modern mill in Grangeville in north central Idaho.
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