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Canfor sells Slocan sawmill

Canfor is selling its Slocan sawmill to Springer Creek Forest Products for $6.2 million. The value of inventory wil…

Canfor is selling its Slocan sawmill to Springer Creek Forest Products for $6.2 million. The value of inventory will also be taken into account, but not until the closing of the sale, which is expected to wrap up by the end of the month. The reason the company gave for its decision to divest itself of the mill was that the sale would permit it to focus on its manufacturing assets around certain product lines and fibre baskets.