News in lumber


USNR and Wood Fiber Group Announce Merger

In a transaction that will create the world’s most comprehensive supplier of the equipment, technology, and essential tools used in modern wood processing facilities, USNR and Wood Fiber Group have announced their merger. The merger will create a single company with unmatched product range.

West Fraser Enters into Agreement to Purchase Angelina Forest Products Lumber Mill in Lufkin, Texas

West Fraser Timber Co. Ltd. announced today (10-12-21) that it has entered into an agreement to acquire Angelina Forest Products lumber mill located in Lufkin, Texas for approximately $300 million (USD), subject to certain post-closing adjustments. West Fraser is anticipating the transaction will close following successful completion of U.S. regulatory reviews and satisfaction of customary conditions.

EACOM Timber Corp. Turns to International Recruitment to Fill Labor Gap in Northern Ontario and Northern Quebec

A shortage of available workers to fill open positions at EACOM Timber Corp.’s northern Ontario and Quebec sawmills has the company turning to an international recruitment company for assistance. EACOM has been working with the IVEY Group, a Sudbury, Ontario-based international recruitment and consulting firm, for several years to aid them in recruiting and retaining workers in their northern communities.

Sierra Pacific Industries Completes Acquisition of Seneca

Sierra Pacific Industries (SPI), the Anderson California-based forest products company, announced last week that it has completed its acquisition of Seneca, a Eugene Oregon-based company that, prior to the acquisition, had about 400 employees and owned about 167,000 acres of timberlands.

California Governor Vetoes Tropical Deforestation Bill — Cites Added Burden on Small Businesses Trying to Participate in State Contracts

On Wednesday (10-6-21), California Gov. Gavin Newsom vetoed a bill that would have required businesses selling certain products to the state to prove they’re not contributing to tropical deforestation. Environmental advocates had hoped Newsom would make California the first state to limit contracts to businesses that can prove their supply chains don’t engage in the destruction of tropical forests, which is a major contributor to global climate change.