Canfor completes Elliott Sawmilling acquisition
Canada-headed forest industry major Canfor Corporation (Canfor) has announced that it has completed the purchase of US-based Elliott Sawmilling Co., Inc. (Elliott).
In November 2018, Canfor announced that it had entered into an agreement to acquire Elliott Sawmilling and in June 2019, Canfor completed the first phase of the acquisition. Located in Estill, South Carolina (SC), Elliott Sawmilling is a 100 percent Southern Yellow Pine (SYP) lumber sawmill and woodchips producer with both large and small log lines.
The acquisition of Elliott adds an annual lumber production capacity in excess of 210 million board feet (≈ 496 000 m3).