Over the years, the company has steadily grown and expanded to become one of the largest manufacturers of hardwood lumber in North America. Northwest Lumber Company. Jason replaces Jim Canter who has acted as interim GM since last year. Headquartered in Tacoma, Washington, Northwest Hardwoods (“NWH” or the “Company”) is the world’s leading manufacturer and distributor of North American hardwood lumber and is recognized as the “Gold Standard” in its industry. Country. 5035 Lafayette Road. People Are Our Passion . 45807 Hwy M-26 Atlantic Mine, MI 49905 Phone: (906)487-6400 Fax: (906)487-6417 Web: www.northernhardwoods.com Contact: Ryan Peterson. We also offer a wide range of industrial products from our eastern production locations including pallet cants, pallet boards, fence boards, rail ties and flooring grade lumber. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Contact:Anne Shaffer [email protected] (253) 617-1837, Cision Distribution 888-776-0942 Represented By. State. This action will allow the company to meaningfully reduce its overall debt, without any interruption to current operations. For General Sales Inquiries Please Contact 800-553-5345. Learn more now. Manufacture domestically, source globally, deliver reliably. ) ) Case No. 8.4K likes. Northwest Hardwoods Inc., owned by private-equity firm Littlejohn & Co., on Friday said it reached an agreement on a financial restructuring that will reduce its debt by about $270 million. The company is located in Tacoma, United States and has an estimated revenue and employee in the range of $50 to $500 million and 1001-5000 respectively. At our core, Northwest Hardwoods is a no-nonsense company in a no-nonsense business. © Northwest Hardwoods, Inc. 2020 Allrights Reserved. November hat Northwest-Hardwoods (NWH), einer der größten Produzenten von Laubschnittholz in Nordamerika, mit dem freiwilligen Insolvenzantrag den nächsten Schritt zur Umstrukturierung des Konzerns gesetzt. The remainder of the reorganized equity will be reserved for the Company's existing equity holders. Location: 1313 Broadway, Suite 300, Tacoma, Washington 98402, US Northwest Hardwoods has a reputation for being a highly versatile supplier amongst distributors, manufacturers and makers. Jetzt seine Führungskräfte, darunter auch Chris Hannon , per E-Mail kontaktieren . Also from this source. Determine whether Northwest Hardwoods grew or shrank during the last recession. It manufactures and sells over 30 North American species, such as cherry, hard maple, and yellow poplar. Parties . Northwest Hardwoods Files Chapter 11 to … The most common species in North America are oaks, maple, hickory, birch, beech and cherry. 503-277-2600 phone Email address 4070 DE Bar number State Case 20-13005-CSS Doc 1 Filed 11/23/20 Page 5 of 19 ... Northwest Hardwoods, Inc. 20-_____ (__) November 23, 2020 Delaware Case 20-13005-CSS Doc 1 Filed 11/23/20 Page 7 of 19. About Northwest Hardwoods. Northwest Hardwoods, Tacoma, Washington. We offer an extensive selection of hard to find hardwood species that are available for wholesale and retail. Manufacturer and supplier of lumber products. Northwest Hardwoods, Inc. has 2,000 total employees across all of its locations and generates $791.16 million in sales (USD). Nathan Jeppson, CEO of Northwest Hardwoods said "Today marks an important milestone in our process to significantly reduce our debt so we can re-invest in long-term growth. Northwest Hardwoods, Inc. has filed for Chapter 11 bankruptcy, seeking to eliminate $270 million in debt and financially restructure the company, which has 30 facilities across North America. Northwest Hardwoods is a manufacturer of high-quality hardwood lumber in North America. Tacoma Headquarters 1313 Broadway Suite 300 Tacoma, WA 98402 Phone: (360) 577-6678 Web: www.northwesthardwoods.com In addition, NWH has received a commitment from Bank of America and Wells Fargo to refinance the existing ABL facility as part of the financial restructuring, ensuring that the Company will continue to have ready access to a working capital facility going forward. 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. We are the largest manufacturer and global supplier of hardwood lumber. Enter email address. We are the largest manufacturer and global supplier of hardwood lumber. 8.5K likes. NWH serves the repair and remodel, residential construction, consumer discretionary, industrial, and export markets. This approach will ensure that the Company's operations continue without interruption, with employees, suppliers, vendors, contract counterparties and other trade creditors continuing to be paid in full and in the ordinary course. Northwest Hardwoods Alder and Pacific Coast Maple pallet stock is included in the NWPCA Pallet Design System and has been widely accepted in markets across the country. Northwest Lumber Company. As announced on November 6th, the Company entered into the 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 delever its balance sheet by ~$270 million and position NWH for future growth and success. 800-553-5345, Northwest Hardwoods – Beachwood Today's action is the product of extensive, collaborative, good faith negotiations among NWH and its key stakeholders. Northwest Hardwoods – Headquarters 1313 Broadway, Suite 300 Tacoma, WA 98402 253-568-6800. Northwest Hardwoods is the largest United States manufacturer of North American hardwood lumber based on sawmill capacity. Its North America operations include 20 facilities that produce over 20 species of domestic hardwoods. We rely on on-time and on-grade quality. Northwest Hardwoods Email Format Northwest Hardwoods uses 1 email formats, with (firstname)(l) (ex. The Company offers hardwood, plywood and lumber products. Specifically, the RSA accomplishes several key objectives:  1) reduce the company's debt by $270 million 2) significantly reduces debt service obligations, thereby increasing cash flow available for re-investment in the business and 3) most importantly, accomplishes this without reducing employee pay or benefits and with no expected impairments to customers or vendors. Compare how recession-proof Northwest Hardwoods is relative to the industry overall. 317-293-1100. Northwest Hardwoods – Beachwood 25201 Chagrin Blvd. We look forward to a successful process and future for Northwest Hardwoods". Indianapolis, IN, 46254. Incorporated in 1967, Northwest Hardwoods belongs to the Paper & Forest Products industry and specialises in Hardwood Lumber Products. Northwest Hardwoods – Tacoma 1313 Broadway, Suite 300 Tacoma, WA 98402 253-568-6800. This case has no creditors listed. Sean Matthew Beach Young, … Northwest Hardwoods auf LinkedIn, Twitter & YouTube Northwest Hardwoods hat 290 Konkurrenten , einschließlich International Paper (USA) , Ahlstrom-Munksjo (Schweden) und Arauco (Chile) . 1313 Broadway, Suite 300 Manufacture domestically, source globally, deliver reliably. Hardwoods Intermediate Holdings II, Inc. 1313 Broadway Suite 300 TacomA, WA 98402 PIERCE-WA Tax ID / EIN: xx-xxx7760 aka AIP/Hardwoods Funding Inc. aka AIP/Hardwoods Holdings, Inc aka Hardwoods Acquisition, Inc. aka Hardwoods Intermediate I, Inc. The company offers wood pallet systems, hardwoods, exotic woods, and plywoods of multiple grades, thicknesses, widths, and lengths. CAPTCHA. Headquarters. The financial restructuring is specifically designed to ensure that NWH's executive team can remain focused on go-forward operations, which will continue in the ordinary course without interruption. [email protected] (253) 617-1837. For All Sales Inquires: 800-553-5345 TACOMA, Wash., Nov. 24, 2020 /PRNewswire/ -- On November 23, 2020, Northwest Hardwoods, Inc. and certain of its affiliates ("NWH" or the "Company") took the next step in implementing its restructuring support agreement (the "RSA") by filing voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). Given the strong level of support from our lenders and creditors, we expect to complete this process over the next 60 days". Located in Marlinton, WV, Northwest Hardwoods is in the lumber plywood millwork & wood panels wholesale business. Statement on Northwest Hardwoods’ Response to COVID-19. 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. Email. NWH is the largest United States manufacturer of North American hardwood lumber based on sawmill capacity, with a current estimated annual hardwood lumber capacity of approximately 320 million board feet. 317-293-1100. NWH is represented by Gibson, Dunn & Crutcher LLP and Young Conaway Stargatt & Taylor, LLP as legal co-counsels and Huron Consulting Group as financial advisor. The Company serves more than 2,000 active customers across over 60 countries. Upon resolution, the secured noteholders will convert their ~$379 million of secured notes into $110 million of new exit term loans and 99% of the equity in reorganized NWH (subject to dilution by a management incentive plan). In October, 2019 northwesthardwoods.com's total website visitor was 17116, increased by 39% from previous month. Located in Marlinton, WV, Northwest Hardwoods is in the lumber plywood millwork & wood panels wholesale business. 1313 Broadway Street Tacoma, WA 98402. Debtor. IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE ) In re: ) Chapter 11 ) NORTHWEST HARDWOODS, INC., et al.,1 Debtors. ) If you need assistance or have any questions Northwest Hardwoods announces that Jason Gobel, currently Product Marketing Director – East Business Unit, has been appointed to the position of General Manager – Specialty Products Business Unit, effective December 1st, 2020. at northwest hardwoods our mission is to reliably and profitably deliver the highest quality hardwood lumber and complementary products in the industry. Beaverton, OR 97008 Tacoma, WA 98402 Manufacture domestically, source globally, deliver reliably. 8905 SW Nimbus Ave. Suite 160 Northwest Hardwoods, Inc. is located in Tacoma, WA, United States and is part of the Lumber & Plywood Product Manufacturing Industry. 8.5K likes. Operating for 10 or more years, they have an annual income of $10 to 50 million. Northwest Hardwoods, Inc., Forest Products. Northwest Hardwoods, Inc. has 2,000 total employees across all of its locations and generates $791.16 million in sales (USD). Northwest Hardwoods is considered a large business with 5000 to 9999 square footage of space. Debtor. On November 23, 2020, Northwest Hardwoods, Inc. and certain of its affiliates ("NWH" or the "Company") took the next step in implementing its restructuring support agreement (the "RSA") by filing voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"). Significantly, the Bankruptcy Court authorized the Company to use over $22 million of available cash to pay all critical vendors and other service providers any pre-bankruptcy amounts owing as invoices for those amounts become due and owing. Northwest Hardwoods is a Tacoma, Washington-based lumber manufacturer backed since 2014 by Littlejohn & Co. and CITIC Capital Partners. Northwest Hardwoods General Information Description. City. Most Common Hardwoods . 25201 Chagrin Blvd. 800-829-9663 [email protected] ) being used 100.00% of the time. For General Sales Inquiries Please Contact 800-553-5345. TACOMA, Wash., Nov. 24, 2020 /PRNewswire/ -- On November 23, 2020, Northwest Hardwoods, Inc. and certain of its affiliates ("NWH" or the "Company") took … Some key metrics are Average time spent on site is 3 minutes, Bounce Rate is 38% and average page per visit is 4 respectively. On November 23, 2020, Northwest Hardwoods, Inc. and two (2) affiliated debtors (collectively, the "Debtors") each filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Northwest Hardwoods is considered a large business with 5000 to 9999 square footage of space. Northwest Hardwoods, Tacoma, Washington. NORTHERN HARDWOODS Hardwood sawmill and kiln dried concentration yard. 216-831-4734, Northwest Hardwoods – Headquarters IN SUPPORT OF OUR MISSION WE HAVE FOUR INTEGRAL VALUES: OUR PEOPLE, OUR CUSTOMERS, OUR PRODUCTS AND OUR STEWARDSHIP. 20-[____] (___) … Northwest Hardwoods - 1313 Broadway Suite 300, Tacoma, Washington 98402 - Rated 3.9 based on 1 Review "Marienville pa the management is all friends family" On November 23, 2020, Northwest Hardwoods, Inc. of Tacoma, WA, a privately held lumber manufacturer with 20 production facilities in the western, glacial, and Appalachian regions of the United States, filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 253-568-6800, Northwest Hardwoods – Beaverton 8.4K likes. There are 38 companies in the Northwest Hardwoods, Inc. corporate family. For All Sales Inquires: 800-553-5345 All of the company's first day motions were approved by the court today on an interim basis, which enables the company to run operations, supply customers and pay vendors per the normal course of business. Suite 280 … (253) 348-2753 Northwest Hardwoods, Tacoma, Washington. Your Custom Text Here. A statement from the Ad Hoc Group stated "We believe in the long-term growth of Northwest Hardwoods, its incredible employees and the strength of its management team. Northwest Hardwoods, Inc. Associated Cases. An ad hoc group of the holders of the company's secured notes (the "Ad Hoc Group"), encompassing over 90% of the company's secured notes, has likewise expressed its support of this agreement. from 8 AM - 9 PM ET, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. We are the largest manufacturer and global supplier of hardwood lumber. The secured noteholders are represented by Willkie Farr & Gallagher LLP as legal counsel and Guggenheim Securities, LLC as financial advisor. Tacoma, WA 98402 in support of our mission we have four integral values: our people, our customers, our products and our stewardship. Northwest Hardwoods, Inc. manufactures and distributes wood products. Am 23. Message. Northwest Hardwoods – Beaverton 8905 SW Nimbus Ave. Suite 160 Beaverton, OR 97008 503-277-2600 800-553-5345. Unlike the conifers or softwood firs, spruce and pines, hardwood trees have evolved into a broad array of common species. The company operates through a network of sawmills, lumber concentration and dry kiln yards, merchandising log yards, remanufacturing plants, and sales offices in the U.S., Canada, China, and … Hauptgrund der Umstrukturierungsmaßnamen sind der Handelskonflikt mit China und der volatile heimische Bausektor. 253-568-6800, North American Hardwood Lumber Manufacturing and Distribution. Products; Contact; About; Newsletter; Furniture-grade hardwoods from around the corner to around the world! Sustainability – Our business practices are built … Throughout this process, we will continue to serve our customers and deliver on our mission of delivering the best hardwoods products in the industry. Northwest Hardwoods serves customers in the United States. 1313 Broadway, Suite 300 We are the largest manufacturer and global supplier of hardwood lumber. Northwest Hardwoods, Tacoma, Washington. please call or submit a contact form. Today, we offer virtually every species and grade of commercially viable North American hardwood lumber. Operating for 10 or more years, they have an annual income of $10 to 50 million. Suite 280 Manufacture domestically, source globally, deliver reliably. NORTHWEST HARDWOODS Sawmill. Northwest Hardwoods, Inc. is located in Tacoma, WA, United States and is part of the Lumber & Plywood Product Manufacturing Industry. TACOMA, Wash., Nov. 6, 2020 /PRNewswire/ -- Northwest Hardwoods, Inc. and certain of its affiliates ("NWH" or the "Company") announced today that the … Northwest Hardwoods Website Traffic Analysis. Northwest Hardwoods – Headquarters 1313 Broadway, Suite 300 Tacoma, WA 98402 253-568-6800. 20-13005). Northwest Hardwoods had debt of US$ 270 million. SOURCE Northwest Hardwoods × Modal title. AT NORTHWEST HARDWOODS OUR MISSION IS TO RELIABLY AND PROFITABLY DELIVER THE HIGHEST QUALITY HARDWOOD LUMBER AND COMPLEMENTARY PRODUCTS IN THE INDUSTRY. SEE OUR HARDWOODS Northwest Hardwoods began in the Pacific Northwest with a single alder mill. Beachwood, OH 44122 The . Northwest Hardwoods – Tacoma We work with you to choose the best product … There are 38 companies in the Northwest Hardwoods, Inc. corporate family. 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