Vernon’s Tolko Industries has signed a 50-50 partnership with Southeastern Timber Products (pictured) in Ackerman, Mississippi, Tolko’s second venture south of the border. (setimberproducts.com photo)

Okanagan company lands south of the border again

Vernon-based Tolko Industries enters joint partnership with Mississippi timber mill

Vernon’s 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.

RELATED: Tolko playhouses brighten North Okanagan summer

“We’re pleased to have found a partner like STP that we share the same family-owned business values with,” said Tolko CEO Brad Thorlakson. “We 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’re pleased to support this facility and enhance its sales, marketing and logistic capabilities to service our customers across North America and abroad.”

RELATED: LETTERS: Way to go, Tolko Industries

STP manager Billy VanDevender is excited to be partnering with Tolko.

“Tolko has a long family history in the lumber manufacturing business and a proven ability to excel in our industry,” said VanDevender. “We are thrilled about our partnership.”



roger@vernonmorningstar.com

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Coldstream’s Korol top UBCO graduating female athlete

Jordan Korol goes out as one of the all-time best to wear a Heat uniform

Vernon nordic centre loses out on 2021 nationals

Sovereign Lake was to host 2020 Canadian championships, canceled due to COVID-19

COVID-19: More infected passengers on planes flying to and from Okanagan and Kamloops airports

The BC Centre of Disease Control has identified numerous flights with COVID-19 cases

COVID-19: North Okanagan spring leagues wiped out

Ladies softball, indoor and beach volleyball leagues shut down over pandemic

COVID-19: Interior Crisis Line calls increase

Calls directly related to pandemic up 25 per cent over final two weeks of March

‘Better days will return’: Queen Elizabeth delivers message amid COVID-19 pandemic

The Queen said crisis reminds her of her first address during World War II in 1940

Mitchell’s Musings: Pandemics and parking meters don’t add up

Despite COVID-19 crisis, City of Vernon insists on paid parking downtown

Emergency aid portal opens Monday, cash could be in bank accounts by end of week: Trudeau

Emergency benefit will provide $2,000 a month for those who have lost their income due to COVID-19

Education, not enforcement: B.C. bylaw officers keeping a watch on physical distancing

A kind word, it turns out, has usually been all people need to hear

COVID-19: Hospitals remain safe for childbirth, say Vancouver Island care providers

North Island Hospital has been asked to share its perinatal COVID-19 response plan

Canadian cadets to mark 103rd anniversary of Vimy Ridge April 9 virtually

Idea of Captain Billie Sheridan in Williams Lake, B.C. who wondered what to do in times of COVID-19

B.C. VIEWS: Pandemic shows need for adequate care home staffing

Seniors in B.C. care homes face challenging times

Most Read