Canfor completes purchase of Elliott Sawmilling Company Inc.

Canfor Corporation, further to its announcement on November 9, 2018, completed the purchase of Elliott Sawmilling Company Inc. on May 31, 2020. Elliott adds over 210 million board feet of production capacity.

Canfor is a leading integrated forest products company based in Vancouver, British Columbia (“BC”) with interests in BC, Alberta, North and South Carolina, Alabama, Georgia, Mississippi and Arkansas, as well as in Sweden with its majority acquisition of Vida Group. Canfor produces primarily softwood lumber and also owns a 54.8% interest in Canfor Pulp Products Inc., which is one of the largest global producers of market Northern Bleached Softwood Kraft Pulp and a leading producer of high performance kraft paper. Canfor shares are traded on The Toronto Stock Exchange under the symbol CFP.

For more information:
Media Contact:
Michelle Ward Senior Director
Communications & Government Relations
(604) 661-5225

communications@canfor.com

 

Investor Contact: Pat Elliott VP,
Corporate Finance and Strategy
(604) 661-5441

Patrick.Elliott@canfor.com