Canfor Sells Sawmill, Piece Of Forest Tenure
Canfor Corp. is selling its Mackenzie, BC sawmill and site to Peak Renewables. Canfor also announced it is selling its forest tenure in the Mackenzie region to McLeod Lake Indian Band and Tsay Keh Dene Nation.
“We are very pleased that the sale of the Mackenzie tenure will provide an opportunity for the McLeod Lake Indian Band and Tsay Keh Dene Nation to grow their leadership in the forest economy and advance Nation stewardship values for the benefit of their communities,” comments Don Kayne, President & CEO, Canfor.
Chief Pierre of the Tsay Keh Dene Nation states, “First Nations in BC have been relegated to marginal roles in the forest sector for far too long. The Letter of Intent signed with Canfor has the potential to dramatically change this imbalance within the Mackenzie Timber Supply Area.”
RELATED ARTICLES
Canfor Plans New Sawmill In Louisiana
Canfor’s Vida Group Buys Sweden Mills
No-Go On Proposed Purchase Of Canfor
Latest News
USNR, WFG Sold To Equity Firm
One Equity Partners (OEP), a middle market private equity firm, announced that it has completed the previously announced acquisitions of USNR and Wood Fiber Group. OEP reports it subsequently merged the two businesses, with projected 2021 revenues greater than $500 million…
Single-Family, Multi-Family Starts Flourished In November
U.S. housing starts increased a whopping 11.8% in November over October to a seasonally adjusted annual rate of 1.679 million, according to the U.S. Census Bureau and U.S. Dept. of Housing and Urban Development monthly new residential…
2021 Will Go Down As One Busy Year
Article by Rich Donnell, Editor-in-Chief, Timber Processing December 2021 – As the year winds down, we once again take a quick look back through it. Needless to say, everything that happened rode on the dark wings of the pandemic…
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.