Northwest Hardwoods has a reputation for being a highly versatile supplier amongst distributors, manufacturers and makers. If you need assistance or have any questions 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. © Northwest Hardwoods, Inc. 2020 Allrights Reserved. Today, we offer virtually every species and grade of commercially viable North American hardwood lumber. Northwest Hardwoods, Tacoma, Washington. Headquarters. About Northwest Hardwoods. 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. NORTHERN HARDWOODS Hardwood sawmill and kiln dried concentration yard. Northwest Hardwoods, Inc., Forest Products. The Company offers hardwood, plywood and lumber products. [email protected] ) being used 100.00% of the time. The remainder of the reorganized equity will be reserved for the Company's existing equity holders. This action will allow the company to meaningfully reduce its overall debt, without any interruption to current operations. 317-293-1100. Northwest Hardwoods Files Chapter 11 to … Sustainability – Our business practices are built … Also from this source. Determine whether Northwest Hardwoods grew or shrank during the last recession. 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"). Located in Marlinton, WV, Northwest Hardwoods is in the lumber plywood millwork & wood panels wholesale business. Manufacturer and supplier of lumber products. Operating for 10 or more years, they have an annual income of $10 to 50 million. 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. There are 38 companies in the Northwest Hardwoods, Inc. corporate family. Email. Parties . Northwest Hardwoods Website Traffic Analysis. Northwest Hardwoods, Inc. 1313 Broadway Suite 300 Tacoma, WA 98402 PIERCE-WA Tax ID / EIN: xx-xxx5401 aka Eastern Hardwoods, LLC aka Fitzgerald Lumber & Log Co., Inc. 8.5K likes. 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. For General Sales Inquiries Please Contact 800-553-5345. Its North America operations include 20 facilities that produce over 20 species of domestic hardwoods. We rely on on-time and on-grade quality. 800-553-5345, Northwest Hardwoods – Beachwood For All Sales Inquires: 800-553-5345 The secured noteholders are represented by Willkie Farr & Gallagher LLP as legal counsel and Guggenheim Securities, LLC as financial advisor. 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. 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. For All Sales Inquires: 800-553-5345 Country. Northwest Hardwoods, Inc. is located in Tacoma, WA, United States and is part of the Lumber & Plywood Product Manufacturing Industry. We work with you to choose the best product … Northwest Hardwoods, Inc. has 2,000 total employees across all of its locations and generates $791.16 million in sales (USD). City. We are the largest manufacturer and global supplier of hardwood lumber. Unlike the conifers or softwood firs, spruce and pines, hardwood trees have evolved into a broad array of common species. Contact:Anne Shaffer [email protected] (253) 617-1837, Cision Distribution 888-776-0942 Northwest Hardwoods is a manufacturer of high-quality hardwood lumber in North America. SEE OUR HARDWOODS Northwest Hardwoods began in the Pacific Northwest with a single alder mill. 1313 Broadway, Suite 300 Tacoma Headquarters 1313 Broadway Suite 300 Tacoma, WA 98402 Phone: (360) 577-6678 Web: www.northwesthardwoods.com 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. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. 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. 8.4K likes. 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. Enter email address. Products; Contact; About; Newsletter; Furniture-grade hardwoods from around the corner to around the world! NWH serves the repair and remodel, residential construction, consumer discretionary, industrial, and export markets. Jason replaces Jim Canter who has acted as interim GM since last year. Throughout this process, we will continue to serve our customers and deliver on our mission of delivering the best hardwoods products in the industry. We look forward to a successful process and future for Northwest Hardwoods". Northwest Hardwoods is considered a large business with 5000 to 9999 square footage of space. (253) 348-2753 800-829-9663 253-568-6800, North American Hardwood Lumber Manufacturing and Distribution. It manufactures and sells over 30 North American species, such as cherry, hard maple, and yellow poplar. 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. Northwest Hardwoods, Inc. manufactures and distributes wood products. Tacoma, WA 98402 Located in Marlinton, WV, Northwest Hardwoods is in the lumber plywood millwork & wood panels wholesale business. Sean Matthew Beach Young, … 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 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. Statement on Northwest Hardwoods’ Response to COVID-19. Northwest Hardwoods General Information Description. In October, 2019 northwesthardwoods.com's total website visitor was 17116, increased by 39% from previous month. 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. 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. IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE ) In re: ) Chapter 11 ) NORTHWEST HARDWOODS, INC., et al.,1 Debtors. ) Northwest Hardwoods, Inc. Associated Cases. 8905 SW Nimbus Ave. Suite 160 503-277-2600 253-568-6800, Northwest Hardwoods – Beaverton Northwest Hardwoods - 1313 Broadway Suite 300, Tacoma, Washington 98402 - Rated 3.9 based on 1 Review "Marienville pa the management is all friends family" Northwest Hardwoods – Headquarters 1313 Broadway, Suite 300 Tacoma, WA 98402 253-568-6800. Northwest Hardwoods serves customers in the United States. Jetzt seine Führungskräfte, darunter auch Chris Hannon , per E-Mail kontaktieren . Northwest Hardwoods, Tacoma, Washington. Manufacture domestically, source globally, deliver reliably. CAPTCHA. NORTHWEST HARDWOODS Sawmill. Suite 280 8.4K likes. For General Sales Inquiries Please Contact 800-553-5345. 1313 Broadway Street Tacoma, WA 98402. 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. Over the years, the company has steadily grown and expanded to become one of the largest manufacturers of hardwood lumber in North America. 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. 216-831-4734, Northwest Hardwoods – Headquarters Learn more now. [email protected] (253) 617-1837. 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"). We are the largest manufacturer and global supplier of hardwood lumber. Manufacture domestically, source globally, deliver reliably. 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). AT NORTHWEST HARDWOODS OUR MISSION IS TO RELIABLY AND PROFITABLY DELIVER THE HIGHEST QUALITY HARDWOOD LUMBER AND COMPLEMENTARY PRODUCTS IN THE INDUSTRY. please call or submit a contact form. 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. The . Manufacture domestically, source globally, deliver reliably. Northwest Hardwoods auf LinkedIn, Twitter & YouTube Northwest Hardwoods hat 290 Konkurrenten , einschließlich International Paper (USA) , Ahlstrom-Munksjo (Schweden) und Arauco (Chile) . Suite 280 … Northwest Hardwoods – Tacoma 1313 Broadway, Suite 300 Tacoma, WA 98402 253-568-6800. Northwest Hardwoods – Beaverton 8905 SW Nimbus Ave. Suite 160 Beaverton, OR 97008 503-277-2600 800-553-5345. from 8 AM - 9 PM ET, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Northwest Hardwoods Email Format Northwest Hardwoods uses 1 email formats, with (firstname)(l) (ex. 317-293-1100. Represented By. at northwest hardwoods our mission is to reliably and profitably deliver the highest quality hardwood lumber and complementary products in the industry. Message. TACOMA, Wash., Nov. 24, 2020 /PRNewswire/ -- On November 23, 2020, Northwest Hardwoods, Inc. and certain of its affiliates ("NWH" or the "Company") took … 25201 Chagrin Blvd. At our core, Northwest Hardwoods is a no-nonsense company in a no-nonsense business. 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. SOURCE Northwest Hardwoods × Modal title. 20-13005). Incorporated in 1967, Northwest Hardwoods belongs to the Paper & Forest Products industry and specialises in Hardwood Lumber Products. Operating for 10 or more years, they have an annual income of $10 to 50 million. This case has no creditors listed. Northwest Hardwoods – Tacoma Northwest Hardwoods, Tacoma, Washington. The Company serves more than 2,000 active customers across over 60 countries. Location: 1313 Broadway, Suite 300, Tacoma, Washington 98402, US 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. Beaverton, OR 97008 Northwest Hardwoods – Headquarters 1313 Broadway, Suite 300 Tacoma, WA 98402 253-568-6800. Tacoma, WA 98402 Compare how recession-proof Northwest Hardwoods is relative to the industry overall. Am 23. TACOMA, Wash., Nov. 6, 2020 /PRNewswire/ -- Northwest Hardwoods, Inc. and certain of its affiliates ("NWH" or the "Company") announced today that the … Northwest Lumber Company. Debtor. 8.5K likes. 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. Some key metrics are Average time spent on site is 3 minutes, Bounce Rate is 38% and average page per visit is 4 respectively. Northwest Hardwoods, Tacoma, Washington. 20-[____] (___) … The most common species in North America are oaks, maple, hickory, birch, beech and cherry. We offer an extensive selection of hard to find hardwood species that are available for wholesale and retail. This is useful in estimating the financial strength and credit risk of the company. 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. 5035 Lafayette Road. Reviews for Northwest Hardwoods Reviews - What employees say. Indianapolis, IN, 46254. 1313 Broadway, Suite 300 Northwest Hardwoods, Inc. is located in Tacoma, WA, United States and is part of the Lumber & Plywood Product Manufacturing Industry. Northwest Lumber Company. Debtor. Northwest Hardwoods is considered a large business with 5000 to 9999 square footage of space. 45807 Hwy M-26 Atlantic Mine, MI 49905 Phone: (906)487-6400 Fax: (906)487-6417 Web: www.northernhardwoods.com Contact: Ryan Peterson. Nathan Jeppson, CEO of Northwest Hardwoods said "Today marks an important milestone in our process to significantly reduce our debt so we can … Northwest Hardwoods – Beachwood 25201 Chagrin Blvd. 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 had debt of US$ 270 million. Your Custom Text Here. Northwest Hardwoods, Inc. has 2,000 total employees across all of its locations and generates $791.16 million in sales (USD). 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 … in support of our mission we have four integral values: our people, our customers, our products and our stewardship. IN SUPPORT OF OUR MISSION WE HAVE FOUR INTEGRAL VALUES: OUR PEOPLE, OUR CUSTOMERS, OUR PRODUCTS AND OUR STEWARDSHIP. We are the largest manufacturer and global supplier of hardwood lumber. 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. 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. Manufacture domestically, source globally, deliver reliably. Northwest Hardwoods is the largest United States manufacturer of North American hardwood lumber based on sawmill capacity. Beachwood, OH 44122 Given the strong level of support from our lenders and creditors, we expect to complete this process over the next 60 days". Hauptgrund der Umstrukturierungsmaßnamen sind der Handelskonflikt mit China und der volatile heimische Bausektor. State. Today's action is the product of extensive, collaborative, good faith negotiations among NWH and its key stakeholders. We are the largest manufacturer and global supplier of hardwood lumber. The company offers wood pallet systems, hardwoods, exotic woods, and plywoods of multiple grades, thicknesses, widths, and lengths. 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. 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. There are 38 companies in the Northwest Hardwoods, Inc. corporate family. Northwest Hardwoods is a Tacoma, Washington-based lumber manufacturer backed since 2014 by Littlejohn & Co. and CITIC Capital Partners. Most Common Hardwoods . People Are Our Passion . ) ) Case No.