Pulp and Paper Canada

News
Tembec closes sawmill deals


November 4, 2003
By Pulp & Paper Canada

Tembec completed the acquisition of the two Nexfor sawmills in La Sarre and Senneterre, QC, for $49.2 million plus…

Tembec completed the acquisition of the two Nexfor sawmills in La Sarre and Senneterre, QC, for $49.2 million plus working capital of $15 million.
The acquired sawmills have a softwood allocation of approximately 1.1 million cubic metres per year, produce 260 million board feet of lumber annually and employ close to 450 people.
The acquisition will boost Tembec’s annual lumber capacity to over 1.76 billion board feet.

Advertisment

Print this page

Related



Leave a Reply

Your email address will not be published. Required fields are marked *

*