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
Ashton Lewis Acquires W.T. Jones & Sons
Ashton Lewis Holding Co., an affiliate of major treater Great Southern Wood, has acquired the family-owned W.T. Jones & Sons, Inc. southern pine sawmill in Ruther Glen, Va., and is planning to invest $11 million in the facility…
Canfor’s Vida Group Buys Sweden Mills
Canfor Corp. executives announced in mid June that CanFor’s 70%-owned subsidiary, Vida Group, has entered into an agreement to purchase three sawmills located in Sweden from Bergs Timber for $43 million (Can.), plus working capital…
PotlatchDeltic Sells Minnesota Acreage
PotlatchDeltic Corp. officials recently announced an agreement to sell 72,000 acres in Minnesota to The Conservation Fund for approximately $48 million. The transaction is expected to close in the second half of 2020. Company officials noted the sale is part…
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.