Canfor Pulp Announces Sale Agreement for Taylor Pulp Site

News General news

Canfor Pulp Products Inc. (TSX: CFX) announced that it has entered into an asset purchase agreement to sell its Taylor BCTMP pulp mill site for a price of $7 million.

Kevin Edgson, President & CEO Canfor Pulp — © Canfor Pulp Inc.

06.03.2024

Source: Company news

“I am very pleased we have reached an agreement to sell our assets in Taylor, British Columbia to a new owner that is committed to repurposing the site and developing a long-term plan which will benefit the community,” said Kevin Edgson, President and CEO, Canfor Pulp.

The transaction is subject to customary closing conditions, with closing expected to occur during the first quarter of 2024. Further details will be shared upon completion of the sale.

Company profile: Canfor Pulp Limited, Head Office / General Partner of CPLP Canfor Pulp Limited Partnership, Canada, Vancouver

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