pulp

Canfor Sells Taylor Pulp mill to Canfor Pulp Products Incorporated

Canfor Sells Taylor Pulp mill to Canfor Pulp Products Incorporated

Canfor Corporation announced the sale of its Taylor, BC pulp mill to its subsidiary company, Canfor Pulp Products Incorporated.This transaction will impact the management reporting structure of Taylor Pulp within Canfor Corporation but is not anticipated to have any operational impacts. The agreement includes a purchase price of approximately $15 million including working capital, along with additional consideration to be paid by Canfor Pulp over a three year period contingent on the financial results of Taylor Pulp over that time.

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