GWMI picked the top 15 companies across the globe based on their softwood lumber production figures for 2021. The list includes companies from several continents and includes privately owned companies as well as publicly listed companies.<\/p>\n
15. Moelven Industrier ASA<\/strong><\/p>\n Production Volume in 2021: 2,1161,000 m\u00b3<\/em><\/p>\n Moelv, Norway-based Moelven Industrier ASA, commonly known as the Moelven Group, is one of the largest industrial wood processing groups in Europe with 33 production companies across 41 locations in Norway and Sweden. The company sells its products through sales offices in Norway, Sweden, Denmark, the UK, Germany, and China.<\/p>\n The product portfolio of Moelven Group includes wood products for home, timber for industry, glulam products, building modules and flexible office solutions, as well as woodchip products and bioenergy solutions. Glommen Mj\u00f8sen Skog SA and Viken Skog SA, cooperatives owned by forest owners from Eastern Norway, own 66.8% and 32.8% shares in the company, respectively.<\/p>\n 14. Tolko Industries Ltd<\/strong><\/p>\n Production Volume in 2021: 2,1291,000 m\u00b3<\/em><\/p>\n Tolko Industries Ltd is a leading manufacturer of forest products based in Vernon, Canada. With a history dating back to 1955, the family-owned company has 2,700 employees and 15 manufacturing locations across British Columbia, Alberta, Saskatchewan, Louisiana, Mississippi, and Alabama.<\/p>\n Tolko Industries Ltd produced 2.10 million cubic meters of Lumber, 338 thousand cubic meters of Plywood, and 1.6 million cubic meters of Oriented Strand Board, during 2021. In July 2022, the Board of Directors of Southeastern Timber Products LLC, a joint venture between the Tolko Industries and STP Holdings, announced a $150 million investment in the STP lumber mill in Ackerman, Mississippi. The investment will upgrade the mill from 120 million board feet to 250 million board feet annual<\/span>\u00a0capacity.<\/p>\n 13. Pfeifer Group<\/strong><\/p>\n Production Volume in 2021: 2,2001,000 m\u00b3<\/em><\/p>\n Imst, Austria-based Pfeifer Group is among the leading companies in the European timber industry. Founded in 1948, family-operated Pfeifer Group has over 2,000 employees across 8 locations in Austria, Germany, and the Czech Republic, and serves clients in 90 countries worldwide.<\/p>\n Pfeifer Group manufactures products in the areas of timber construction, concrete formwork, pallet blocks & packaging timber, sawn timber, and energy. The Group produces nearly 2.5 million cubic meters of sawn timber, and 3.3 million cubic meters of solid wood panels, annually, among other products.<\/p>\n 12. Svenska Cellulosa Aktiebolaget SCA<\/strong><\/p>\n Production Volume in 2021: 2,2631,000 m\u00b3<\/em><\/p>\n Sundsvall, Sweden-based Svenska Cellulosa Aktiebolaget SCA, commonly known as SCA, is Europe\u2019s largest private forest owner and a leading manufacturer of wood products, pulp, packaging paper and renewable energy.<\/p>\n The Wood business of SCA includes five sawmills, wood processing units with planning mills in Sweden. In October this year, the company announced that it had agreed to conduct a feasibility study in partnership with Holmen regarding a potential jointly owned sawmill in Rundvik, Sweden, with high production capacity.<\/p>\n SCA owns 2.6 million hectares of forest in northern Sweden comprising 36% spruce, 40% pine, 15% deciduous and 9% Pinus Contorta. As of 2021, the company had approximately 4,000 employees with annual revenue of approximately SEK 18.8 billion.<\/p>\n 11. Hampton Lumber<\/strong><\/p>\n Production Volume in 2021: 2,9031,000 m\u00b3<\/em><\/p>\n Hampton Lumber is a forest products business based in Portland, Oregon. The family-owned company started in 1942 with a single mill operation and has since grown to own 9 mills and over 1,800 employees. The sawmills owned by the company are located in United States and have a combined annual capacity of 2,495 MMBF.<\/p>\n In April, Hampton Lumber announced that it had completed the acquisition of approximately 18,000 acres of timberland from a fund managed by Campbell Global, LLC in Southwest Washington. Previously, in July 2021, the company had acquired 145,000 acres of timberland from Weyerhaeuser in Northwest Washington.<\/p>\n 10. Celulosa Arauco y Constituci\u00f3n<\/strong><\/p>\n Production Volume in 2021: 3,0001,000 m\u00b3<\/em><\/p>\n Celulosa Arauco y Constituci\u00f3n, commonly known as ARAUCO, is a leading global forestry company based in Santiago, Chile. The company operates 9 sawmills across Chile, Argentina, and Spain with annual capacity of 3.7 million cubic meters. It also has access to vast forest plantations, including 1.6 million hectares of forest land owned by the company.<\/p>\n ARAUCO offers forest products including MDF, particleboard and HDF, premium plywood, millwork, lumber, and wood pulp. In July this year, the company announced that it had signed a collaboration agreement with the State of Mato Grosso do Sul in Brazil for the construction of a pulp mill in the country. ARAUCO is considering an investment of nearly $3 billion in the country.<\/p>\n 9. Resolute Forest Products Inc\u00a0<\/strong><\/p>\n Production Volume in 2021: 3,0631,000 m\u00b3<\/em><\/p>\n Resolute Forest Products Inc is a global forest products company based in Montreal, Canada. It owns or operates around 40 facilities and power generation assets across the United States and Canada and offers products including market pulp, tissue, wood products and papers. Its products are marketed in over 60 countries.<\/p>\n The Wood Products segment of Resolute Forest Products Inc comprises of 22 production facilities with 2.9 billion board feet of annual production capacity for construction grade lumber. The company shipped 606 million board feet of wood products during Q3 2022.<\/p>\n On July 6, The Paper Excellence Group announced that it had entered into an agreement to acquire all outstanding shares of Resolute Forest Products Inc in a transaction representing an enterprise value of $2.7 billion for the company<\/p>\n 8. Georgia-Pacific LLC<\/strong><\/p>\n Production Volume in 2021: 4,0981,000 m\u00b3<\/em><\/p>\n Georgia-Pacific LLC, based in Atlanta, Georgia, is among the world\u2019s leading manufacturers and marketers of tissue papers and napkins, tableware, paper-based packaging, cellulose, specialty fibers and building products. Founded in 1927, the company employs more than 30,000 people across more than 150 facilities in more than 30 states across the United States. Georgia-Pacific LLC is owned by the Koch Industries, Inc. which acquired the company in a transaction valuing Georgia-Pacific at $21 billion, in December 2005.<\/p>\n Georgia-Pacific LLC is one of the largest wood products manufacturers in North America with 21 manufacturing locations and a product portfolio that ranges from sub-flooring and roof sheathing to exterior sheathing and lumber. The company announced in September last year that it plans to modernize one of its sawmills in Pineland, Texas lumber complex with a $120 million investment.<\/p>\n 7. Interfor Corporation<\/strong><\/p>\n Production Volume in 2021: 4,6391,000 m\u00b3<\/em><\/p>\n Burnaby, British Columbia-based Interfor Corporation is one of the largest lumber companies in the world with operations across North America and customers around the globe. The company operates 30 manufacturing facilities across North America with an annual lumber production capacity of 5 billion board feet.<\/p>\n The shares of Interfor Corporation are listed on the Toronto Stock Exchange and the company currently has a market capitalization of $1.0 billion. On November 3, the company released its financial and operational results for Q3 2022. It produced 986 million board feet and shipped 1.1 billion board feet of lumber during the quarter.<\/p>\n On October 3, Interfor Corporation\u00a0 announced that it had agreed to acquire Chaleur Forest Products, for a purchase price of C$325 million. The acquisition includes two sawmills located in New Brunswick with combined annual lumber production capacity of 350 million board feet.<\/p>\n 6. Binderholz<\/strong><\/p>\n Production Volume in 2021: 4,8301,000 m\u00b3<\/em><\/p>\n F\u00fcgen, Austria-based Binderholz Group is the largest sawmill and solid wood processing company in Europe with 5,000 employees across 29 locations in Austria, Germany, UK, Latvia, Finland, and USA. The company operates across the whole value chain, from forestry management and timber harvesting, through processing in the sawmills, to solid wood production and mass timber solutions.<\/p>\n Binderholz completed the acquisition of Scotland-based BSW Timber Ltd. in January 2022. BSW Timber Ltd. is the largest sawmill group in UK with a production capacity of 1.2 million cubic meters of sawn timber per year. Post-acquisition, Binderholz will have a cumulative annual turnover of \u20ac2.6 billion.<\/p>\n 5. Sierra Pacific Industries<\/strong><\/p>\n Production Volume in 2021: 4,8631,000 m\u00b3<\/em><\/p>\n Anderson, California-based Sierra Pacific Industries is a family-owned forest products company. It is one of the largest U.S. lumber manufacturers and owns and manages more than 2.4 million acres of timberland in California, Oregon, and Washington. The company also produces millwork, windows, and renewable energy.<\/p>\n Sierra Pacific Industries was founded in 1949 with one sawmill and has since grown to be a leading lumber company with 14 sawmills and 3 remanufacturing centers with more than 4.72 million cubic meters of annual production.<\/p>\n 4. Stora Enso Oyj<\/strong><\/p>\n Production Volume in 2021: 5,7001,000 m\u00b3<\/em><\/p>\n Stora Enso Oyj\u00a0 is an integrated, paper, packaging, and forest products company based in Helsinki, Finland. It employs nearly 22,000 personnel across all continents and generated an annual revenue of \u20ac10.2 billion in 2021. The company owns or manages land covering a total area of 2.01 million hectares, across the globe.<\/p>\n The Wood Products segment of Stora Enso Oyj operates globally and has 16 production units in Europe with annual sawing capacity of 5.5 million cubic meters and further processing capacity of 2.5 million cubic meters.<\/p>\n 3. Weyerhaeuser Company<\/strong><\/p>\n Production Volume in 2021: 7,6841,000 m\u00b3<\/em><\/p>\n Seattle, Washington-based Weyerhaeuser Company is a leading timberland company with ownership of nearly 10.6 million acres of timberlands in the United States and an additional 14.1 million acres of timberlands in Canada under long-term licenses. In addition to managing the timberlands, the company also produces wood products and renewable energy.<\/p>\n The Wood Products segment of Weyerhaeuser Company (NYSE:WY) manufactures structural lumber, oriented strand board, engineered wood products and other specialty products. Its operations comprise of 35 manufacturing facilities in United States and Canada, including 19 lumber mills with annual capacity of 5.4 million board feet.<\/p>\n Weyerhaeuser Company (NYSE:WY) currently has a market capitalization of $23.8 billion. As of Q3 2022, 37 out of the 920 hedge funds tracked by Insider Monkey held shares of the company, valued at $330 million.<\/p>\n 2. Canfor Corporation<\/strong><\/p>\n Production Volume in 2021: 8,9071,000 m\u00b3<\/em><\/p>\n Vancouver, Canada-based Canfor Corporation is one of the world\u2019s largest producers of lumber, pulp, and paper. The company primarily produces softwood lumber and also owns 54.8% shares of Canfor Pulp Products Inc., a leading producer of pulp and paper.<\/p>\n Canfor Corporation produced 1.18 billion board feet of lumber during Q3 2022. On July 28, the company announced plans to invest approximately $210 million to build a new sawmill complex in Alabama with annual production capacity of 250 million board feet. Previously, in March this year, the company had acquired the solid wood operations of Millar Western Forest Products Ltd. for C$420 million, which added 630 million board feet of production capacity to its operations.<\/p>\n 1. West Fraser Timber Co. Ltd.<\/strong><\/p>\n Production Volume in 2021: 9,3981,000 m\u00b3<\/em><\/p>\n Quesnel, Canada-based West Fraser Timber Co. Ltd.\u00a0 is a wood products company with more than 60 manufacturing facilities across Canada, the United States, the United Kingdom, and Europe. It produces lumber, OSB, LVL, MDF, plywood, particleboard, pulp, newsprint, wood chips, and renewable energy.<\/p>","protected":false},"excerpt":{"rendered":" GWMI picked the top 15 companies across the globe based on their softwood lumber production figures for 2021. The list includes companies from several continents and includes privately owned companies as well as publicly listed companies. 15. Moelven Industrier ASA … Continue reading