Canadian Firms May Build New Sawmills In US South

Two Canadian-based companies, both in recent years having purchased and now operating multiple sawmills in the US South, are considering building greenfield sawmills in the South.

Interfor reports it has completed a detailed feasibility study and business case for a greenfield sawmill capable of producing in excess of 200MMBF annually and has identified a potential location in the Central Region of the US South. Interfor estimates the total capital cost to be approximately US$115 million, including pre-startup costs and working capital. A decision on the project is expected in early 2018. read more >>