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Resolute Forest Products Purchasing Three Sawmills

Resolute Forest Products Purchasing Three Sawmills Resolute Forest Products Inc. entered into an agreement to acquire Conifex Timber Inc.’s three sawmills in the U.S. South for $163 million plus working capital estimated at $7 million. The three sawmills, with...

Hampton Buys Conifex Sawmill

Hampton Lumber is purchasing the Fort St. James, BC sawmill and associated forest license from Conifex Timber Inc. for $39 million plus the market value of finished lumber and log inventory at closing. Ken Shields, Conifex Chair and CEO, comments: “The decision to...

Lumber Supplier Canfor Loans $30 Million To Conifex

Canfor and Conifex say an investment agreement between the two lumber producers for $30 million has been completed. The loan by Canfor to Conifex Inc., a wholly-owned subsidiary of Conifex Timber is for five years, with the proceeds to be used for general corporate...

Conifex Timber Buying Shuttered G-P Sawmill In Arkansas

Conifex Timber Buying Shuttered G-P Sawmill In Arkansas Conifex Timber Inc. of Vancouver, Canada, said Thursday that it is buying the former Georgia-Pacific sawmill south of El Dorado. The statement said Conifex has completed the purchase of the outstanding shares and...