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Canfor Corporation has signed an agreement to acquire Tembec Industries Ltd.'s southern British Columbia interior wood products assets, for a purchase price including working capital of $60 million. Canfor will purchase Tembec's Elko and Canal Flats sawmills and approximately 1.1 million cubic metres of combined Crown, private land and contract annual allowable cut. The transaction [...]
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Canfor to buy Tembec's wood product assets in southern B.C.
Mon 28 Nov 2011 06:00:02 PM ESTCanfor Corporation has signed an agreement to acquire Tembec Industries Ltd.'s southern British Columbia interior wood products assets, for a purchase price including working capital of $60 million. Canfor will purchase Tembec's Elko and Canal Flats sawmills and approximately 1.1 million cubic metres of combined Crown, private land and contract annual allowable cut. The transaction [...]
Canfor to buy Tembec’s wood product assets in southern B.C. is a post from: ForestTalk.com
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