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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Europe / Global / North America
August 25, 2020

Austrian Binderholz Group wins auction of Klausner Lumber One; enters US market

Austrian Binderholz Group wins auction of Klausner Lumber One; enters US market
In a virtual auction held on Friday, August 21st, 2020, The Austrian binderholz Group, was able to purchase and secure all of the assets of Klausner Lumber One LLC., based in Live Oak, Suwannee County, Florida.     The $ 61 million USD, bid surpassed those of Mercer Inc. and Mayr Melnhof Holz, who were the two other active bidders. The transaction which is expected to close in early October 2020. When complete it will be the first binderholz lumber producing facility outside of Europe.    In prepared remarks Reinhard Binder, CEO of binderholz, explains the ...

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