Woodworking Industry News

Woodgrain acquires Huttig Building Products in $350 million deal

FRUITLAND, Idaho, and ST. LOUIS -- Woodgrain Inc. has agreed to acquire Huttig Building Products Inc. for approximately $350 million including the assumption of debt. The Huttig acquisition will significantly increase Woodgrain’s distribution network, its product offering, and its value-added services, the company said. Huttig is a distributor of millwork, building materials, and wood products.

Woodworking Industry News

Woodgrain acquires Huttig Building Products in $350 million deal

FRUITLAND, Idaho, and ST. LOUIS -- Woodgrain Inc. has agreed to acquire Huttig Building Products Inc. for approximately $350 million including the assumption of debt. The Huttig acquisition will significantly increase Woodgrain’s distribution network, its product offering, and its value-added services, the company said. Huttig is a distributor of millwork, building materials, and wood products.

Woodworking Industry News

Woodgrain acquires Huttig Building Products in $350 million deal

FRUITLAND, Idaho, and ST. LOUIS -- Woodgrain Inc. has agreed to acquire Huttig Building Products Inc. for approximately $350 million including the assumption of debt. The Huttig acquisition will significantly increase Woodgrain’s distribution network, its product offering, and its value-added services, the company said. Huttig is a distributor of millwork, building materials, and wood products.

Woodworking Industry News

Brazil sentences three companies for ‘Timber Laundering’

A Brazilian court found three companies guilty of illegally logging in the Amazon rainforest, fined them US$100,000 each and ordered them to plant 10 hectares with the protected Brazil nut tree, which they were found to have exploited, according to the Organized Crime and Corruption Reporting Project. Brazilian nut tree A Brazilian court found three companies guilty of illegally logging in the Amazon rainforest, fined them $100,000 (U.s.) each and ordered them to plant 10 hectares with the protected Brazil nut tree, which they were found to have exploited.

Woodworking Industry News

Brazil sentences three companies for ‘Timber Laundering’

A Brazilian court found three companies guilty of illegally logging in the Amazon rainforest, fined them US$100,000 each and ordered them to plant 10 hectares with the protected Brazil nut tree, which they were found to have exploited, according to the Organized Crime and Corruption Reporting Project. Brazilian nut tree A Brazilian court found three companies guilty of illegally logging in the Amazon rainforest, fined them $100,000 (U.s.) each and ordered them to plant 10 hectares with the protected Brazil nut tree, which they were found to have exploited.