Resolute Seeks Sawmill

Resolute Forest Products, out of Montreal, QC, and the world’s largest newsprint maker, is seeking to reduce its reliance on the low-grade paper by expanding its Canadian solid wood-products business into the US.
Already North America’s fifth-largest lumber producer, Resolute has been assessing potential opportunities to buy or construct US lumber mills, Chief Executive Officer Richard Garneau said last week in a telephone interview with Bloomberg Wednesday.