Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
May 28, 2021
Interfor to acquire four sawmills from Georgia-Pacific
Interfor Corporation announced on Thursday, May 27, 2021, that it has reached an agreement with Georgia-Pacific Wood Products LLC and GP Wood Products LLC to acquire four of its sawmill operations located in Bay Springs, Mississippi, Fayette Alabama, DeQuincy, Louisiana and Philomath, Oregon. The total purchase price of US $375 million, which includes working capital, will be funded entirely from cash on hand. The sawmill operations are highly complementary to Interfor’s existing platforms in the US South and the US Northwest, and the acquisition will support accelerated growth and enhance ...
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