West Fraser completes purchase of Gilman mills

VANCOUVER – West Fraser Timber Co. has completed the acquisition of six sawmills and a finger‑joint mill from the Howard Gilman Foundation and other shareholders. The acquisition was announced in July, with an expected purchase price of about US$430...

West Fraser acquires seven U.S. mills

VANCOUVER – West Fraser Timber will acquire the operations of the Gilman Companies from the Howard Gilman Foundation and other shareholders for approximately US$430 million. The Gilman Companies are comprised of six sawmills and a finger‑joint mill...

Rayonier raises bid for Tembec, wins support

MONTREAL — Rayonier Advanced Materials has raised its takeover offer for Tembec after two of the Canadian forest products company’s shareholders had threatened to vote against the deal. Oaktree Capital Management and Restructuring Capital Associates, who...

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