Canfor Corporation completed the purchase of Elliott Sawmilling Company Inc. on May 31, 2020.
Elliott Sawmilling is a Southern Yellow Pine lumber producer in South Carolina , US.
Back in November 2018, Canfor announced that it has entered into an agreement to acquire Elliott for a purchase price of US$110 million, which includes normalised working capital.
The privately held company has an annual production capacity in excess of 210 million board feet (≈ 496 000 m3) and the sawmill consists of both large and small log lines.
