Conifex Timber completes acquisition of sawmills in the U.S. South

Conifex Timber Inc. has completed the acquisition of the Suwannee sawmill in Cross City, Florida and the Caddo River sawmill in Glenwood, Arkansas.

Ken Shields, Conifex’s President and CEO, stated: “As a result of this acquisition, our total annual lumber production capacity has increased by approximately 50% to 1.1 billion board feet and our total annual production capacity in the U.S. South has increased by approximately 200% to 550 million board feet.”

Conifex and its subsidiaries’ primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing and distribution.

Photo: Ken Shields, Conifex’s President and CEO