Peak Renewables Announces SYP Pellet Mill in Alabama
Vancouver, Canada-based Peak Renewables plans to build a 180,000 metric tons per year wood pellet mill in Dothan, Ala. The $30 million project will utilize residuals from Rex Lumber sawmills in the area.
Construction on the facility is expected to be completed by mid-2023. Peak is building the plant adjacent the SmartLam cross-laminated timber plant and upcoming glulam facility in Dothan.
Peak and SmartLam have some common ownership, including longtime sawmill construction and equipment supplier Brian Fehr. Scott Bax, formerly COO with Pinnacle Renewable Energy, is the CEO of Peak, which is also a partner in a proposed OSB facility in Prince Albert, Saskatchewan called One Sky Forest Products.
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Boise Cascade Acquires Coastal Plywood
Boise Cascade Co. has reached an agreement to acquire Coastal Plywood Co., including plywood mills in Havana, Fla. and Chapman, Ala., from Coastal Forest Resources Co. for $512 million, subject to certain closing adjustments. The two facilities employ 750. “This acquisition incrementally expands our veneer capacity in support of our customers,” says Nate Jorgensen, CEO, Boise Cascade…
Is This Really Happening?
Article by Rich Donnell, Editor-In-Chief, Panel World May 2022 – At the risk of repeating myself (what the heck, I’ll be 67 in September), I remember at the beginning of the 2020 Panel & Engineered Lumber International Conference & Expo (PELICE) in Atlanta, as I spoke to the gathering on the first morning, when I referred to one of the scenes in the movie, “Saving Private Ryan.” It was the…
Huber Names President & CEO
J.M. Huber Corp. named Gretchen W. McClain has as President & CEO through a unanimous vote of the Huber Board of Directors. McClain succeeds Mike Marberry, who is retiring after a 25-year career with Huber, including 13 years as President & CEO. “I am extremely excited to be the next Chief Executive Officer of…
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