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Universal Acquires
Universal Forest Products has been on a buying spree in the past two weeks, acquiring stakes in saw mill, lumber processing and manufacturing businesses in North Carolina and Texas. On March 31 the company announced the acquisition of a 50 per cent stake in Upshur Forest Products, based in Dallas, TX, and with sawmill operations…
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West Fraser Acquires
West Fraser Timber, out of Vancouver, BC, continues to grow its lumber business in the US south with news this week of its agreement to purchase Bibler Brothers Lumber’s sawmill and lumber manufacturing operations in Russellville, AR. Located near West Fraser’s newly acquired mill in Mansfield, Bibler Brothers produced approximately 136 million board feet of…