Canfor Corporation (TSX: CFP) announced today that further to it’s news release of May 31, 2013, Canfor has completed the purchase agreement with Scotch & Gulf Lumber, LLC. The purchase agreement reflects the acquisition of Scotch Gulf Lumber over a three year period with the first phase representing a 25% interest.
Don Kayne, Canfor’s President and CEO said, “Scotch Gulf Lumber is a strong high performing organization and will contribute to the overall strength of our Company. We look forward to working with the Scotch Gulf management team.”
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