besse forest products closes three veneer, lumber operations
The move comes after Besse Forest Products was sold to the Florida-based Hoffmann Family of Companies private equity firm in March 2024, and the company seeks to lower costs across its 10 newly acquired production facilities. Officials with Besse Forest Products said the closures were “due to an unprecedented industry downturn.”
Latest News
Wood Pellet Exports No Threat To Panel Makers
Massive U.S. industrial wood pellet exports to meet green energy goals in Europe is not a threat to the sustainability of U.S. Southern forests, says a new report from the pellet manufacturers. Drawing from U.S. government and available market data, the report was...
Stable 2016 Outlook For Global Paper And Forest Products Sector
Increasing housing starts and higher consumer spending will drive anticipated operating income growth for the global paper and forest products industry of 1%-3% in 2016, underpinning the current stable outlook for the sector for the next 12 months, says Moody's...
Arauco Buys Half Interest In Tafisa Outside North America
Arauco has acquired 50 percent of Tafisa's assets, including 10 composite panel mills in Europe and South Africa, for $150 million. Announced Nov. 30, the acquisition does not include Tafisa's North American operations and its laminates and components businesses,...
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