Brink buying Vanderhoof Specialty Wood Products

Brink Forest Products Ltd. said Thursday it has entered into an agreement with the BID Group of Companies to purchase Vanderhoof Specialty Wood Products Ltd.

"The acquisition of VSWP makes Brink the largest remanufacturer and finger-joint producer in Canada," owner John Brink said in a statement. "It will also provide added purchasing power in the constant pursuit of finding suitable fibre and low grade lumber for our operations."

article continues below

The purchase will increase the number of facilities it owns to three. It operates Brink Forest Products Ltd. in Prince George and Pleasant Valley Remanufacturing Ltd. in Houston.

As well, it has added two new finger jointing lines at its Prince George facility in the past decade and is planning further expansion at its Houston operation.

"We have embarked on this aggressive growth strategy in response to our customer's growing need for quality lumber products and the increasing consolidation of the lumber industry in British Columbia and throughout North America," Brink said.

No major changes are planned for staff or management at VSWP.

VSWP started operations in the secondary manufacturing industry in 1991 with a small group of employees, gradually expanding over the years, adding finger-jointing in the mid-nineties and then a pellet plant after it was purchased by Bid Group in 2010.

Primarily in the sawmill construction business, Bid Group was looking for a buyer whose core business is lumber manufacturing, according to the statement.

"I have known John Brink and his companies for many years and they are a perfect fit for the long-term sustainability and growth in Vanderhoof," said BID Group chairman and managing director Brian Fehr.

In February, BID Group landed an $80-million contract to build a sawmill in Mississippi and credited expansion into the southern United States for getting the work.

Read Related Topics

Comments

NOTE: To post a comment you must have an account with at least one of the following services: Disqus, Facebook, Twitter, Google+ You may then login using your account credentials for that service. If you do not already have an account you may register a new profile with Disqus by first clicking the "Post as" button and then the link: "Don't have one? Register a new profile".

The Prince George Citizen welcomes your opinions and comments. We do not allow personal attacks, offensive language or unsubstantiated allegations. We reserve the right to edit comments for length, style, legality and taste and reproduce them in print, electronic or otherwise. Comments that contain external links will not be permitted. For further information, please contact the editor or publisher, or see our Terms and Conditions.

comments powered by Disqus

Premier of Alberta POLL

Do you think Jason Kenney’s election as premier of Alberta is good or bad news?

or  view results

Sign Up For Our e-Newsletter!
  • 97/16

    Prince George's Weekly News

Popular Citizen

Community Event Calendar


Find out what's happening in your community and submit your own local events.

Lowest Gas Prices in Prince George
Prince George Gas Prices provided by GasBuddy.com