Sumitomo Forestry has acquired 100% of the membership interests of Teal Jones Louisiana Holdings through its American subsidiary. As part of the acquisition, Sumitomo acquired 57.05% of the membership interests of Teal Jones Plain Dealing and made it into a consolidated subsidiary.
With the acquisition, Sumitomo plans to launch its first timber industrial complex in the United States. The complex will produce dimension lumber and other materials to build houses and multifamily buildings. The company will also consider manufacturing mass timber, according to Sumitomo.
Teal Jones Louisiana has the capacity to produce 300 million board feet of lumber annually and manufactures 500,000 cubic meters of dimension lumber annually, equivalent to about 14,000 standard U.S. homes. Sumitomo Forestry plans to utilize 99 acres of unused land on site to manufacture and sell mass timber and wood products in preparation for future increased demand.
The plant’s location in northern Louisiana is in close proximity to areas where Sumitomo Forestry is actively expanding its housing operations, including the Dallas metro area. Sumitomo Forestry America’s home building portfolio includes DRB Group (No. 20 on the 2025 Builder 100), Brightland Homes (No. 29), Bloomfield Homes (No. 41), Edge Homes (No. 54), and MainVue Homes (No. 138).
“With a comprehensive supply chain that encompasses raw material procurement, the manufacture and sale of wood products as well as the supply of housing, we are working to promote the Sumitomo Forestry Wood Cycle in the United States,” Sumitomo stated in a press release announcing the acquisition.
Sumitomo notes one advantage of the acquisition is the ability to secure a stable supply of Southern Yellow Pine that will not be affected by sudden, extreme price increases in building materials or U.S. tariff policies.
“With the current U.S. administration placing importance on the strengthening of domestic manufacturing, the domestic production ratio in a wide variety of industries—including the lumber industry—is rising. The increased cost competitiveness of U.S.-produced wood products will create a favorable market environment for this project,” Sumitomo states.
Sumitomo plans to increase the number of Teal Jones plants in the U.S. to 15 from 10 by 2027.
