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 million. The Gilman mills are located in Florida and Georgia.
The acquisition is a further step in West Fraser’s continuing expansion of its U.S. lumber operations.
West Fraser is a diversified wood products company producing lumber, LVL, MDF, plywood, pulp, newsprint, wood chips and energy with facilities in western Canada and the southern United States.