'dimension1': 'Investment Firm Buys Northwest Hardwoods Inc', Have something to say? Find out what works well at Northwest Hardwoods from the people who know best. Private-equity owner American Industrial Partners has … To date, AIP has completed over 40 transactions and is currently managing more than $1.1 billion in equity capital. 'dimension9': '197359' Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. ... BBB Northwest - Pacific. SEE OUR HARDWOODS Northwest Hardwoods began in the Pacific Northwest with a single alder mill. //--> ITL is one of the largest global suppliers of North American hardwood, according to Northwest Hardwoods. CLAIM THIS BUSINESS. Northwest Hardwoods, Inc. has 2,000 total employees across all of its locations and generates $791.16 million in sales (USD). Other third-party content, logos and trademarks are owned by their perspective entities and used for informational purposes only. Since 1965, KenCraft Company, Inc. has dominated the hardwood lumber industry in Northwest Ohio and Southeast Michigan. Sign Up for Woodworking Network Newsletters, Get the latest headlines delivered to you daily Subscribe, The 50 U.S. cities most affected by termites, California cabinet shop switches to Global Cabinet Supply components, Corrales teaches 'How to Shorten the CNC Learning Curve' at IWF Connect. The Company offers hardwood, plywood and lumber products. Mary Beth Hainey Account Manager at Great Lakes Forest Products, Inc. Elkhart, Indiana Area. 'dimension2': 'Press Releases', ]]> 111 Sand Island Access Rd. ]]> Honolulu Hardwoods, Inc. Honolulu Hardwoods, Inc. Lumber Store. For maps and directions to Northwest Hardwoods Inc view the map to the right. Share your thoughts with us in the comments below. Northwest Hardwoods, Inc. operates the largest and most efficient network of hardwood sawmills in North America together with concentration yards and distribution centers that service global end markets including furniture, cabinetry, flooring, molding, door and window and pallet manufacturers. Cascade Hardwoods Inc., a Chehalis manufacturer of lumber for furniture and cabinetry, has been sold. The firm is currently investing from Littlejohn Fund V, L.P., which has $2 billion in capital commitments. Mary Beth Hainey. Littlejohn was advised by Gibson, Dunn & Crutcher and Morgan Stanley. 'dimension3': 'undefined', Northwest Hardwoods, Inc. operates the largest and most efficient network of hardwood sawmills in North America together with concentration yards and distribution centers that service global end markets including: furniture, cabinetry, flooring, … Today, we offer virtually every species and grade of commercially viable North American hardwood lumber. Registration on or use of this site constitutes acceptance of our terms of use agreement which includes our privacy policy. We'll deliver the most current and interesting sovereign wealth and financial news straight to your inbox. AIP was advised by Baker Botts and Goldman, Sachs & Co. About Littlejohn & Co., LLCLittlejohn & Co. is a Greenwich, Connecticut-based private equity firm investing in middle-market companies that are undergoing a fundamental change in capital structure, strategy, operations or growth that can benefit from its operational and strategic approach. NWH's lumber is a primary material used in the manufacturing of a multitude of products including: kitchen cabinets, hardwood flooring, molding, millwork, commercial interiors, furniture, recreational vehicles, musical instruments, railroad ties, and pallets. For reviews of Northwest … They can be contacted via phone at (256) 248-0401 for pricing, hours and directions. We are excited to be working with Littlejohn.". Northwest Hardwoods Inc. (NWH) has recently completed the acquisition of Industrial Timber & Lumber Company (ITL) based in Beachwood, Ohio. Northwest Hardwoods, Inc. (NWH) reports it has entered into a restructuring support agreement (RSA) with holders of more than 95% in principal amount of the company’s secured notes and certain of its existing equity holders to execute a transaction that will reduce the company’s debt by $270 million and position NWH for future growth and success. For more information about American Industrial Partners, visit www.americanindustrial.com or contact Ben DeRosa, Partner at 212-627-2360, extension 200. jQuery.extend(Drupal.settings, {"basePath":"\/","pathPrefix":"","ajaxPageState":{"theme":"vance_woodworkingnetwork","theme_token":"IR_hCC-9DEDIAzZZh7hWWs0kebnssQQzp440sd2WQZ0","js":{"0":1,"1":1,"2":1,"\/\/ajax.googleapis.com\/ajax\/libs\/jquery\/1.7.2\/jquery.min.js":1,"3":1,"misc\/jquery-extend-3.4.0.js":1,"misc\/jquery-html-prefilter-3.5.0-backport.js":1,"misc\/jquery.once.js":1,"4":1,"5":1,"6":1,"7":1,"misc\/drupal.js":1,"sites\/all\/modules\/custom\/vance_more\/js\/vance_more_load_more.js":1,"sites\/all\/modules\/contrib\/apachesolr_sort\/apachesolr_sort.js":1,"sites\/all\/modules\/contrib\/formalize\/lib\/javascripts\/jquery.formalize.min.js":1,"sites\/all\/modules\/custom\/vance_video_players\/js\/vancePlayer.js":1,"https:\/\/jwpsrv.com\/library\/sGZ9VMDuEeOH7SIACi0I_Q.js":1,"sites\/all\/modules\/patched\/disqus\/disqus.js":1,"8":1,"https:\/\/apis.google.com\/js\/plusone.js":1,"sites\/all\/themes\/base\/js\/picturefill.min.js":1,"sites\/all\/themes\/base\/js\/imagesLoaded\/imagesloaded.pkgd.min.js":1,"sites\/all\/themes\/base\/js\/masonry\/dist\/masonry.pkgd.min.js":1,"sites\/all\/themes\/base\/js\/jquery.simplemodal.1.4.4.min.js":1,"sites\/all\/themes\/base\/bootstrap\/assets\/javascripts\/bootstrap\/tab.js":1,"sites\/all\/themes\/base\/js\/modernizr.custom.71422.js":1,"sites\/all\/themes\/base\/js\/flexibility.js":1,"sites\/all\/themes\/base\/js\/base.js":1,"9":1},"css":{"modules\/system\/system.base.css":1,"modules\/system\/system.menus.css":1,"modules\/system\/system.messages.css":1,"modules\/system\/system.theme.css":1,"modules\/comment\/comment.css":1,"sites\/all\/modules\/contrib\/date\/date_api\/date.css":1,"sites\/all\/modules\/contrib\/date\/date_popup\/themes\/datepicker.1.7.css":1,"sites\/all\/modules\/contrib\/date\/date_repeat_field\/date_repeat_field.css":1,"sites\/all\/modules\/contrib\/domain\/domain_nav\/domain_nav.css":1,"modules\/field\/theme\/field.css":1,"sites\/all\/modules\/contrib\/formalize\/lib\/stylesheets\/formalize.css":1,"sites\/all\/modules\/contrib\/logintoboggan\/logintoboggan.css":1,"modules\/node\/node.css":1,"modules\/poll\/poll.css":1,"modules\/search\/search.css":1,"modules\/user\/user.css":1,"sites\/all\/modules\/contrib\/views\/css\/views.css":1,"sites\/all\/modules\/contrib\/ctools\/css\/ctools.css":1,"http:\/\/cf.kampyle.com\/k_button.css":1,"sites\/all\/modules\/custom\/vance_listings\/css\/vance_listings.css":1,"sites\/all\/themes\/base\/styles\/stylesheets\/print.css":1,"sites\/all\/themes\/base\/bootstrap\/assets\/stylesheets\/bootstrap.css":1,"sites\/all\/themes\/vance_woodworkingnetwork\/styles\/stylesheets\/woodworkingnetwork-modules.css":1,"https:\/\/fonts.googleapis.com\/css?family=Crimson+Text:400,600,700":1}},"urlIsAjaxTrusted":{"\/wood-market-trends\/woodworking-industry-trends-press-releases\/Investment-Firm-Buys-Northwest-Hardwoods-Inc-267697961.html":true},"disqus":{"domain":"woodworkingnetwork","url":"https:\/\/www.woodworkingnetwork.com\/wood-market-trends\/woodworking-industry-trends-press-releases\/Investment-Firm-Buys-Northwest-Hardwoods-Inc-267697961.html","title":"Investment Firm Buys Northwest Hardwoods Inc","identifier":"node\/197359","token":"a4d4c6276dc5ff5a8219f49b1f22d58d","callbacks":{"onNewComment":["Drupal.disqus.notifyAuthor","Drupal.disqus.notifyAuthor"]}}}); For more information, visit www.littlejohnllc.com. com.realmagnet.MagnetLeads.init('OrfhmQgk6sGIKGvE9vw'); Northwest Hardwoods had debt of US$ 270 million. 'dimension4': 'Investment Firm Buys Northwest Hardwoods Inc', Northwest Hardwoods had debt of US$ 270 million. The secured noteholders are represented by Willkie Farr & Gallagher LLP as legal counsel and Guggenheim Securities, LLC as financial advisor. NWH is headquartered in Tacoma, WA and has operations in the United States, Canada, China, and Japan. Northwest Hardwoods is a Tacoma, Washington-based lumber manufacturer backed since 2014 by Littlejohn & Co. and CITIC Capital Partners. Northwest Hardwoods laid off more than 40 employees at its Longview mill in the wake of the company’s struggle to secure a steady supply of raw materials. The Company converts hardwood logs into rough cut and kiln dried lumber, and then planes and sorts the lumber boards into an array of quality grades for appearance wood applications. ITL is one of the largest global suppliers of North American hardwood. }); Browse 'dimension7': '197359',