Tolko enters joint venture with Alabama firm

Tolko Industries (U.S.) Ltd. and Jasper Lumber Company have to announced a 50-50 joint-venture partnership in an existing sawmill, shavings business, whole log chipper, and trucking operations in Jasper, Alabama. The collaboration will be known as Jasper Forest Products LLC., A Jasper-Tolko Partnership and will bring economic and employment benefits to both companies and their surrounding communities.

“This joint venture project is an important part of our company growth, and we’re excited to be investing in this mill with Jasper Lumber Company,” Tolko CEO Brad Thorlakson said. “This is our third U.S. lumber partnership and supports our product and geographic diversification. We’re pleased to support this facility and enhance its sales, marketing, and logistic capabilities to service existing and new customers across North America and abroad.”

“We couldn’t be more excited to be partnering with Tolko,” Jasper Lumber Company Chief Operating Officer Roy Beall said. “Tolko has a proven track record in our industry and a long family history in the lumber manufacturing business. We are thrilled about our partnership. We look forward to working with Tolko, our valued customers, and the state and local economic development community as we create jobs and expand capacity from our current 70 MMFBM to approximately 200 MMFBM.”

Jasper Lumber Company is located in Northwest Alabama and has manufactured southern pine lumber for over 25 years and makes a mix of dimensional lumber.