Canfor Completes Phased Purchase Agreement of Beadles and Balfour Lumber Companies

Jan 02, 2015

Canfor Corporation (TSX:CFP) announced today that, further to its news release issued August 1, 2014, the Company has completed the purchase agreement for the operating assets of Beadles and Balfour Lumber Companies. The transaction includes two sawmills located in Thomasville and Moultrie, Georgia and is structured with 55% being acquired upon completion of the agreement and the balance after a two year period.

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