(March 13, 2015) Interfor has completed the acquisition of four sawmills from Simpson Lumber Co., increasing its annual lumber production capacity by 30% to 3.1 billion bd. ft.

Interfor paid $94.7 million for sawmills in Longview and Tacoma (Commencement Bay), Wa.; Meldrim, Ga.; and Georgetown, S.C.

Following the sale, Tacoma, Wa.-based Simpson Lumber will retain Simpson Door Co. and continue its strategic review of its lumber operations in Shelton, Wa.

Dave McEntee is the new president of Simpson Lumber. Betsy Stauffer, Simpson’s general counsel, is now also president of Simpson Investment Co. Allan Trinkwald is vice chair.

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