Norampac acquires a sawmill in the Bas-Saint-Laurent region
February 25, 2003 By Pulp & Paper Canada
Under the terms of their transaction, Norampac became the new owner of the Bowater Gurette Inc. sawmill located at…
Under the terms of their transaction, Norampac became the new owner of the Bowater Gurette Inc. sawmill located at Rivire-Bleue, in the Quebec’s Bas-Saint-Laurent River valley region of Temiscouata.
This acquisition will allow Norampac to further insure proper fiberboard supply to its containerboard mill located in Cabano.
Norampac will not proceed alone in this venture. It has entered into an agreement in principle by which it will join forces with four other partners who will contribute both financial resources and lumber industry expertise.
The new entity will operate under the name of Groupe NBG Inc. and the partners have agreed to assign management of daily mill operations to Gestion BGF Inc., which is affiliated with lumber industry operator Bgin & Bgin Inc.
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