NW Hardwoods Sold to AIP

Weyerhaeuser Co. has sold its hardwood lumber business, Northwest Hardwoods, to American Industrial Partners (AIP), which will operate the business as Northwest Hardwoods, Inc., headquartered in Tacoma, Wash.

T.J. Rosengarth, most recently the COO of Flakeboard and a long-time officer for companies in the composite panel industry, becomes CEO of Northwest Hardwoods, Inc.

Northwest Hardwoods, Inc., with approximately 1,000 employees, sells hardwood lumber through its seven primary sawmills, four concentration yards, four remanufacturing plants and one merchandising log yard, all in the U.S.

American Industrial Partners is a private equity firm.

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International Paper Announces Agreement To Acquire Temple-Inland

International Paper and Temple-Inland, Inc. announced on September 6 that they have entered into a definitive merger agreement under which International Paper will acquire all of the outstanding common stock of Temple-Inland for $32.00 per…

Roseburg Acquires Simsboro Facility

Roseburg Forest Products has entered into an agreement to acquire Flakeboard’s particleboard manufacturing and laminating facility in Simsboro, La. “This acquisition demonstrates our continued commitment to the composite industry and the customers we serve,” states…

Temple-Inland Says ‘No’ to IP Offer

On June 6, International Paper, the world’s largest producer of pulp and paper, made public a $4.1 billion hostile takeover bid for Temple-Inland Inc. in order to increase its share in the North American containerboard…

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