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Canfor Buys
Canfor Corp, out of Vancouver, BC, announced Wednesday the purchase of the operating assets of Southern Lumber Co. The acquisition includes a sawmill located in Hermanville, MI, which is a large log southern yellow pine dimension mill manufacturing predominately long, wide width lumber. The sawmill is in an area of exceptionally high quality fibre and…
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Maibec Signs
An agreement was signed last week between manufacturing company maibec Inc. of Lévis, QC, and Fraser Timber LLC for maibec’s purchase of the assets of the Masardis Maine lumber mill. The mill employs approximately 135 people and can produce over 100 million board feet of softwood lumber annually. The mill’s lumber is sold to the…
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Fort Francis Pulp Mill
The kraft pulp mill across the Rainy River in Fort Frances, ON, could have a buyer, according to a report this week in the Fort Frances Times. Possible Buyer The mill had previously been closed permanently in May by owner Resolute Forest Products, which followed a January announcement of an extended period of market-related outage…
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Mattawa Sawmill Sold
A shuttered former Tembec sawmill in Mattawa, ON, has been sold to a southern Ontario green-tech startup company, according to Northern Ontario Business Friday. The Mattawa-Bonfield Economic Development Corporation (MBEDC) announced that the BioNorth Technology Group acquired the 187-acre mill property in August. The company needs a minimum of 50,000 cubic metres of fibre annually…
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Maibec Invests
Maibec Inc, out of Levis, QC, has invested more than $20 million in the upgrade of its lumber mill in St-Pamphile de l’Islet. The upgrade included the acquisition of high-tech, high-performance equipment that maibec says will enable it to optimize the use of resources while increasing agility in manufacturing value-added products for customers and improving…
