Lumber giant Interfor Corp. is buying a sawmill in South Carolina from WestRock Co. for US$59 million in cash. The news comes as North American lumber prices set new record highs, less than a week after Interfor CEO Ian Fillinger signalled on an earnings call that the cash-rich company is on the hunt for lumber mill acquisitions. Interfor says the mill it's buying produced about 125 million board feet of lumber in 2020 but has a permit to expand to about 200 million board feet per year. ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
