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WFP sells former pulp mill site

Feb. 9, 2015 - Western Forest Products Inc. announced that it has completed the sale of its former pulp mill site to Woodfibre LNG Limited at a purchase price of $21.8 million.

The sale, which was previously announced on January 28, 2013, includes 212 acres of industrial waterfront land located at the head of Howe Sound, southwest of Squamish, British Columbia, and all associated foreshore leases, water licenses and permits. WFP intends to use the proceeds of sale to pay down outstanding debt and to further its strategic capital plans.


February 9, 2015
By Andrew Macklin