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Companies in the timber industry / Daily News / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
June 2, 2020

Canfor completes acquisition of Elliott Sawmilling

Canfor completes acquisition of Elliott Sawmilling

Canfor Corporation completed the purchase of Elliott Sawmilling Company Inc. on May 31, 2020. 

Elliott Sawmilling is a Southern Yellow Pine lumber producer in South Carolina , US.

Back in November 2018, Canfor announced that it has entered into an agreement to acquire Elliott for a purchase price of US$110 million, which includes normalised working capital.

The privately held company has an annual production capacity in excess of 210 million board feet (≈ 496 000 m3) and the sawmill consists of both large and small log lines.

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