Interfor To Acquire Four Georgia-Pacific Sawmills

Interfor Corporation will acquire four sawmill operations from Georgia-Pacific Wood Products LLC and GP Wood Products LLC (collectively Georgia-Pacific). Located in Bay Springs, MS; Fayette, AL; DeQuincy, LA; and Philomath, OR, the sawmills are highly complementary to Interfor’s existing platforms in the U.S. south and northwest, and will support accelerated growth for Interfor. “This acquisition enhances Interfor’s growth-focused strategy as a pure-play lumber producer, and provides significant economies of scale given the complementary geographic fit with our existing U.S. operations,” says Ian Fillinger, president and chief executive officer. The sawmills have a combined annual lumber production capacity of 720 million board feet. On a pro-forma basis, Interfor’s total annual lumber production capacity will increase to 3.9 billion board feet, of which three billion board feet or 77 per cent will be U.S.-based and not subject to softwood lumber duties.