Tolko Industries (U.S) Ltd, Announces 50 – 50 Joint Venture Partnership with Jasper Lumber Company in Jasper Alabama.

Tolko Industries (U.S.) Ltd has just announced a 50 – 50 joint venture partnership with Jasper Lumber Company. The joint venture partnership is in an existing sawmill, shaving business, whole log chipper and trucking operation located in Jasper Alabama. The collaboration will be known as Jasper Forest Products LLC., A Jasper-Tolko Partnership and will bring economic and employment benefits to both companies and the surrounding communities. In a statement, Tolko’s CEO Brad Thorlakson said “This is our third U.S. lumber partnership and supports our product and geographic diversification. We’re pleased to support this facility and enhance its sales, marketing, and logistic capabilities to service existing and new customers across North America and abroad.” Jasper Lumber Company’s Chief Operating Officer Roy Beall said, “We couldn’t be more excited to be partnering with Tolko. “Tolko has a proven track record in our industry and a long family history in the lumber manufacturing business. We are thrilled about our partnership.” The company plans to expand the mill capacity from 70 mmbf to 200 mmbf.

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Original Source:
TOLKO ANNOUNCES JOINT VENTURE LUMBER MILL IN ALABAMA