Canfor Corporation has completed the acquisition of Wynndel Box & Lumber Ltd., located in Creston Valley, British Columbia. The information comes to complete the news release dated back on January 21, 2016. Now, Canfor has finished buying all of Wynndel Box & Lumber assests.
The acquisition of assets includes a sawmill located in Wynndel, BC, with an annual production capacity of 65 million board feet, and approximately 65,000 cubic metres of annual harvesting rights in the Kootenay Lake Timber Supply Area.
Wynndel Box and Lumber produces premium boards and customized specialty wood products, sold under the brand name WynnWood. It has access to high-quality fibre, and will advance Canfor’s ability to produce a broader mix of higher value specialty products.
As Don Kayne, Canfor Corporation President and CEO, stated, this acquisition will increase the company’s attention to specialty markets all over the world.
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