The acquisition expands the business’s timber management and forest inventory capabilities worldwide.
This accolade acknowledges family-owned enterprises that stand out for their efforts, performance and progress in the area of sustainability.
The new Huber Engineered Woods (HEW) manufacturing facility will be located on more than 400 acres and will feature some of the most advanced processes and technologies available for sustainable, manufacturing operations. The mill will produce a wide range of products and will significantly increase HEW’s ability to service the Western and Midwestern housing markets.
Huber originally acquired its 50% ownership interest in MAGNIFIN as part of the purchase of the Martinswerk operation from Albemarle in 2016. Based in Breitenau, Austria, MAGNIFIN has been producing and selling premium magnesium hydroxide (MDH) products since 1991.
Sponsored by Deloitte Private and The Wall Street Journal, the program recognizes outstanding US private companies and the achievements of their management teams. This is the second year in a row that Huber has earned this distinction.
The La Mirada location, which produces granular calcium carbonate and blends consisting of granulated calcium carbonate and vitamins, will operate as part of the Ground Calcium Carbonate Strategic Business Unit within HEM.
Located in La Mirada, California, Nutri Granulations manufactures food grade and USP grade calcium carbonate granulations for the nutraceuticals, food, over-the-counter and pharmaceuticals markets.
The goal is to support projects that offer Huber the opportunity to leave a lasting legacy in a way that smaller contributions may not, particularly when the need exceeds a site’s local community engagement budget.