Loading prices...

Register/Sign in
ScrapMonster
Rubber and Wood May 16, 2024 05:10:37 PM

The Watermill Group Finished Investment in Musser Lumber

Paul Ploumis
ScrapMonster Author
The legal and tax counsel were provided by Jasso Lopez and Blais Halpert respectively.

The Watermill Group Finished Investment in Musser Lumber

SEATTLE (Scrap Monster): The Watermill Group announced that it has completed investment in Musser Lumber and its key operating subsidiary Musser Biomass and Wood Products- a leading producer of premium dried hardwood fiber and associated products in the region.

The debt for the transaction was provided by Energy Impact Partners' Credit Group, whereas the operating line of credit was provided by Pinnacle Financial Partners. Watermill obtained financial due diligence advice from Richter Consulting. The legal and tax counsel were provided by Jasso Lopez and Blais Halpert respectively.

ALSO READ:

Two West Virginia Sawmills to be Acquired by AHF Products

Wisconsin Lumber Company Fined by OSHA for Repeated Violations

Mussel Lumber received legal counsel from Gentry Locke and advisory services from Brown Gibbons Lang & Company, said the company press release.

Commenting on the transaction, Robert Ackerman, Senior Partner, Watermill Group noted that Musser Lumber Company has been a respected supplier in the lumber industry for more than 50 years. Recently, it has emerged as a pioneer in biomass wood fiber. The Watermill Group is immensely excited about the opportunities ahead for the partnership, Ackerman said.

Ed Musser, President and CEO of Musser Biomass and Wood Products stated that the company is thrilled to partner with the Watermill Group on its next chapter of growth. The Group’s industry expertise and strategic approach will help to redesign and expand the uses of dry wood fiber, he added.

How to Recycle

Simple Ways to Dispose of Tires

Simple Ways to Dispose of Tires

Are you in search of some simple and eco-friendly methods to help you responsibly dispose of tires, then read our blog post to learn more.
Recycling and Disposal of Light Bulbs – More to Know

Recycling and Disposal of Light Bulbs – More to Know

Proper disposal of all types of light bulbs, protects the environment and recovers valuable materials.
How to Get Rid of Shredded Paper - Recycling Options

How to Get Rid of Shredded Paper - Recycling Options

Thinking how to get rid of shredded paper? Well, there are many recycling options. Read More.
powered by RecyclingMonster
×

Quick Search

Advanced Search