Boise Cascade Corporation of Boise, Idaho, has acquired Alliance Forest Products-Joists Inc. from Montreal-based Alliance Forest Inc. for $17 million in cash. AllJoist operates an 80-employee wood I…
Boise Cascade Corporation of Boise, Idaho, has acquired Alliance Forest Products-Joists Inc. from Montreal-based Alliance Forest Inc. for $17 million in cash. AllJoist operates an 80-employee wood I-joist manufacturing plant in Edmundston, NB, with an annual production capacity of 40 million linear feet. The transaction, which is subject to approval by US and Canadian regulators, is expected to close at the end of June.
Valmet will be upgrading Weyerhaeuser Co.’s fine paper machine No. 2 in Dryden, ON. Start-up is scheduled for May 2001. Hercules Inc. has acquired Conshohocken, PA-based Quaker Chemical Corp.’s pulp and paper division for an undisclosed amount.
Paper Industry Hall of Fame, Appleton, WI, has named THOMAS C. NORRIS chairman of the Sterling Committee for the capital-fund drive to establish a permanent home for the Hall of Fame. The US$2.5-million capital campaign is being undertaken to fund development of the historic Atlas Mill along the Fox River in Appleton, whose building and adjacent property were donated by Kimberly-Clark Corp.
DuPont Chemical Solutions Enterprise, Wilmington, DE, has acquired International Dioxide Inc., North Kingstown, RI, for an undisclosed amount. It has been rolled into DuPont’s Clean and Disinfect business unit.
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