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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
November 24, 2021

Interfor to buy lumber producer Eacom Timber for $490-million

Interfor to buy lumber producer Eacom Timber for $490-million
Interfor Corp. will become the only lumber company with operations in all four producing regions of North America with its purchase of Eacom Timber Corp. for $490-million.  The Burnaby, B.C., company says it signed a deal that increases its total lumber production capacity by 25 per cent and expands its business in Eastern Canada.  “This transaction makes Interfor a truly North American lumber producer, with operations in all the key fibre regions on the continent, further diversifying and de-risking our operating platform and enhancing our growth potential and opportunity set,” said CEO Ian ...

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