Vernon鈥檚 Tolko Industries has entered into a 50-50 joint venture partnership with Southeastern Timber Products (STP), a lumber mill in Ackerman, Mississippi.
The mill will be known as Southeastern Timber Products LLC, an STP-Tolko Partnership.
鈥淲e鈥檙e pleased to have found a partner like STP that we share the same family-owned business values with,鈥� said Tolko CEO Brad Thorlakson. 鈥淲e look forward to the opportunity to invest in this, our second asset in the U.S., to support the future growth of our company. We鈥檙e pleased to support this facility and enhance its sales, marketing and logistic capabilities to service our customers across North America and abroad.鈥�
STP manager Billy VanDevender is excited to be partnering with Tolko.
鈥淭olko has a long family history in the lumber manufacturing business and a proven ability to excel in our industry,鈥� said VanDevender. 鈥淲e are thrilled about our partnership.鈥�
roger@vernonmorningstar.com
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