.Lumber giant Anderson-Tully sold, 158 employees lose jobs

Sunday, May 20, 2018

Vicksburg, MS –

After 129 years in business, Mississippi-based lumber operation Anderson-Tully has been sold to an unnamed company. 158 employees will lose their jobs.

 

Anderson-Tully, who manages over 300,000 acres of hardwoods timberlands throughout Mississippi, Arkansas, and Louisiana, agreed to sell its sawmill assets, which includes “substantially ... Read more

Ontario invests $3.2 million in Columbia Forest Products

Friday, May 18, 2018

Ottawa, ON –

Ontario is investing nearly $3.2 million in Columbia Forest Products' plywood mill in Hearst, Ontario and its hardwood veneer plant in Rutherglen, Ontario.

 

Over five years, the money will support Columbia's infrastructure project, enabling it to create and maintain nearly 350 jobs and support economic growth in the area. Columbia will modernize ... Read more

Andersen acquires Heritage Windows and Doors

Wednesday, May 16, 2018

Bayport, MN –

Andersen Corp. has announced the acquisition of Heritage Windows and Doors, a manufacturer of custom, high-quality aluminum windows and doors in Gilbert, Arizona. Heritage specializes the luxury residential and commercial market creating high performance aluminum windows and doors designed to be resistant to the desert’s natural forces.

 

&... Read more

Abandoned Washington sawmill to reopen with state help

Monday, May 14, 2018

Rayhmond, WA –

An abandoned hardwood lumber mill in Washington will reopen after receiving a large investment.

 

Washington's Department of Natural Resource (DNR) and state legislature will invest $1.5 million to get the mill, owned by the Port of Willapa Harbor, back up and running. The money will go toward a new log system that makes use of small diameter al... Read more

Universal Forest Products sees record earnings gain following acquisition of idX

Saturday, May 12, 2018

Grand Rapids, MI –

 Universal Forest Products, Inc. (Nasdaq:UFPI) announced record net earnings and net sales for the fourth quarter and full year 2017, even though the latest quarter and year that had one less operational week compared to 2016. (In 2016, that extra week accounted for over $60 million in net sales and over $2 million in operating profit.)

 

... Read more

NSG Announces New U.S. Float Plant for Solar Market

Friday, May 11, 2018

Minato, Japan -

Officials from NSG Group announced today the company will invest nearly $350 million to expand production capacity of transparent conductive oxide coated glass for the solar market. The investment will fund the construction of a new float glass production facility in the United States, and the upgrade and restart of a currently dormant float line in Vietnam, to take plac... Read more

Furniture makers urge U.S. to investigate Chinese Aspects Furniture for antidumping

Thursday, May 10, 2018

Chino, CA –

A group of American bedroom furniture manufacturers are urging the U.S. Department of Commerce to determine whether items being imported by Aspects Furniture are subject to the antidumping order on Chinese-made wooden bedroom furniture.

 

The American Furniture Manufacturers Committee for Legal Trade, the name of the group of U.S. furniture makers,... Read more

KI furniture sells to employees, becomes one of nation's largest ESOP firms

Wednesday, May 9, 2018

Green Bay, WI -

KI, a commercial & office furniture, casegoods, and panel systems manufacturer, is another industry firm to become 100 percent employee-owned.
 
As of April 27, the company is owned through an employee stock ownership plan, or ESOP. An ESOP is a trust fund that owns the company, in which all full-time employees generally earn share... Read more

Hunt Forest and Canadian Tolko will build $115 million lumber mill in Louisiana

Tuesday, May 8, 2018

Urania, LA –

Hunt Forest Products, a manufacturer and seller of Southern Yellow Pine plywood, veneer, and hardwood lumber, will team up with Tolko Industries, a Canadian specialty forest products firm, to build a $115 million state-of-the-art lumber mill in Louisiana. The facility will employ 60 people when operations begin next January, and 110 will work there when it's operating... Read more

Canfor plans $120 million Georgia sawmill

Sunday, May 6, 2018

Vancouver, B.C. –

Canadian lumber giant Canfor Corp. has announced plans to build a $120 million (USD), state-of-the-art sawmill in Washington, Georgia. The new softwood lumber mill will have a production capacity of 275 million board feet and produce high-value dimension and specialty lumber products.

 

Originally scheduled to begin in late 2018, Canfor said ... Read more

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