Resource Label Group recently announced the acquisition of Paragon Label, a Petaluma, California based supplier of labeling solutions for the premium wine segment. While financial details of the acquisition were not revealed, Resource Label Group hopes to broaden its reach in the wine segment as a result of the deal. Clients of Resource will enjoy more advanced packaging solutions that …
Georgia-Pacific Chooses Albany For New Lumber Production Facility
Georgia-Pacific recently announced it had chosen a new site for the company’s new lumber production facility in Albany, GA. According to news reports, work will soon begin on the 320,000 square feet plant in the Albany-Dougherty Industrial Park. The plant is expected to cost about $150 million, with the investment from the company going into the city’s economy according to …
Softwood Lumber Industry Is Exploding In The U.S. South
With new softwood lumber mills popping up all over the U.S. South, the industry is experiencing its largest growth in more than four decades according to news reports. Biewer Lumber in Newton, MS, Two Rivers Lumber in Demopolis, AL, Rex Lumber in AL, Canfor in GA, Klausner 1 and 2 in FL and NC respectively – the list goes on. …
Rex Lumber Invests In New Southern Yellow Pine Sawmill
At the groundbreaking ceremony on July 17, Rex Lumber Co. announced it will bring about 110 jobs to Pike County in Alabama when it begins operations at a new sawmill in June of 2019. News reports say the company is investing $110 million in the facility located near Troy. The state-of-the-art sawmill is expected to produce a minimum of 240 …
Caddo River Forest Products And Suwannee Lumber Co. Acquired
Recently it was announced that Conifex Timber Inc., a publicly-traded lumber and forestry company based in British Columbia, has acquired Caddo River Forest Products and Suwannee Lumber Co. The announcement was made by a private equity firm based in New York, Blue Wolf Capital Partners. According to news reports, the deal is valued at more than $250 million and includes …