Abstracts

Forest products industry

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Urge to merge remains high in wood industry

Article Abstract:

Several companies in the wood products industry appear ready to merge their operations or divest business units. For example, Tembec Inc wants to purchase Malette Inc for C$300 million. Other companies that will or plan to merge operations include Sierra Pacific Industries, West Fraser Timber Co and Alliance Forest Products. Wood products companies wanting to divest units include Weldwood of Canada and Georgia-Pacific Corp.

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New company forms through mill purchases

Article Abstract:

Several mills in the Pacific Northwest are merging. Quality Veneer acquired Mayr Bros., Hanel Lumber Co., Omak Wood Products and Young and Morgan Lumber Inc. for over $50 million. Domtar acquired E.B. Eddy Paper Ltd. for $803 million Canadian. These mills are quite old and some had financial difficulties.

Washington, Domtar Inc., DTC, E.B. Eddy Forest Products Ltd., Quality Veneer and Lumber Inc., Mayr Brothers Logging Co., Hanel Lumber Company Inc., Young and Morgan Lumber Inc., Omak Wood Products Inc.

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Timberland sales again top list of acquisitions

Article Abstract:

The forest products and paper companies in the US which are most active in mergers and acquisitions are planning large sales of timberlands as part of their current operations.

United States, PAPER AND ALLIED PRODUCTS, Paper & Allied Products, Paper Manufacturing, Paper industry, Willamette Industries Inc., WLL, Kimberly-Clark Corp., KMB, Darbo S.A., US Timberlands Company L.P., Virginia Forest Investments

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