Blue Wolf Capital Partners LLC Announces Their Investment in Vicksburg Forest Products LLC

Blue Wolf Capital Partners LLC, a New York based private equity firm, announced today (2-8-21) that it has made an investment in Vicksburg Forest Products, LLC (VFP) a manufacturer of Southern Yellow Pine lumber products at their sawmill facility in Vicksburg, Mississippi. The terms of the transaction were not disclosed. The family-owned and operated company underwent a large-scale transformation in 2018, converting from a hardwood mill to a softwood mill. VFP recently announced the planned expansion of its operations, which includes a new high-speed chip-n-saw line, two new continuous dry kilns and a variety of other infrastructure projects. Blue Wolf’s investment will support the Company in this expansion that aims to more than double lumber production capacity to approximately 180 million board feet annually and add approximately 60 new jobs. In addition to Blue Wolf’s investment, the Company has received federal, state and local grants and incentives to support this expansion. The project is under construction with completion anticipated in the summer of 2021. VFP’s Owner and Manager Billy Van Devender and the current management team will continue to lead the business going forward.