Sumitomo Forestry Co., Ltd. has accelerated its North American expansion with the acquisition of the Teal Jones–Plain Dealing (TJPD) sawmill in Louisiana, a key move designed to strengthen its U.S. housing business and face ongoing tariff fluctuations. The acquisition was completed on July 1, 2025. The TJPD sawmill, located near the Texas border, supplies around 40% of house framing in the region. The facility has an annual production capacity of 300 million board feet of lumber and can process approximately 1 million cubic meters of logs, enough to build roughly 14,000 standard American homes. The site ...