Premier Hardwood Flooring and Kennebec Lumber Company have announced a new joint venture. The collaborative effort will construct a state-of-the-art finish and effect line.
The joint venture will operate under the name WW Hardwood Flooring Group out of Syracuse, New York. Operations are expected to begin July 2019.
Both organisations are third-generation, family-owned businesses engaged in numerous aspects of the forestry and lumber processing industries.
According to the companies, “Integrating the new finish line will finalise the vertical integration, implementing some of the best technology/finish chemicals on the market to ensure commitment to quality.”
The joint venture will have access to 36 million square feet per year from the capacity of Premier and the Kennebec Lumber mills, with finish capacity of 21 million square feet per year.