Kerwood Joins Hansen-Rice
Hansen-Rice, Inc. (HRI) announced that Terry Kerwood and Matt Peerboom have joined their heavy industrial team as a business manager and director, respectively. Kerwood’s role is owner/ client advocate and liaison. As director, Peerboom oversees the project from start to finish.
Kerwood was managing director of the Engineered Wood Technology Assn. (an affiliate of the American Plywood Assn.) for 21 years.
Latest News
West Fraser Buys OSB Mill
An oriented strandboard plant in Allendale, SC will now have its third ownership since starting up in 2006. West Fraser Timber Co. Ltd. is purchasing the facility from Georgia-Pacific for $280 million. The Allendale facility has been idle since late 2019 when GP shut it down citing market conditions. The plant has an estimated…
USNR, WFG Sold To Equity Firm
One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021 revenues greater than $500 million…
Idaho Producers Supply Mass Timber Arena
Industry stakeholders of all types worked to supply materials for the recently opened ICCU Basketball Arena at the University of Idaho in Moscow. The 4,000 seat facility, which opened in October 2021, incorporates several innovative mass timber elements across some of the longest spans in the country. Designers and engineers…
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