Interfor chief executive Ian Fillinger said the decision to exit its Quebec operations was influenced by recent developments that have restricted the availability of economic fibre
is selling its three manufacturing facilities in Quebec and closing its corporate office in Montreal as the lumber producer plans to leave the province and focus on other parts of the company.
The company says it has signed a deal to sell its sawmills in Val-d’Or and Matagami as well as its Sullivan remanufacturing plant in Val-d’Or, along with all associated forestry and business operations, to Chantiers Chibougamau Ltee for $30-million in cash. “As we sign this agreement, our goal is to preserve as much of the historical activities we are integrating while safeguarding our current operations and teams in Bearn, La Sarre, Landrienne, Chibougamau, and Lebel-sur-Quevillon,” said Frederic Verreault, Chantiers Chibougamau’s executive director of corporate development.
Company Val-Dor Chibougamau Ccl Deal Quebec Lumber New Brunswick Quebec Ontario
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Interfor selling Quebec operations for $30M, closing Montreal corporate officeBURNABY, B.C. — Interfor Corp. is selling its three manufacturing facilities in Quebec and closing its corporate office in Montreal as the lumber producer plans to leave the province and focus on other parts of the company.
Read more »
Quebec police arrest man after body of missing woman found southwest of MontrealMONTREAL — Quebec provincial police arrested a man on Thursday in connection with the disappearance of 29-year-old Kelsey Watt, who was reported missing over the weekend.
Read more »
Quebec police arrest man after body of missing woman found southwest of MontrealMONTREAL — Quebec provincial police arrested a man on Thursday in connection with the disappearance of 29-year-old Kelsey Watt, who was reported missing over the weekend.
Read more »
Quebec coroner orders public inquiry into Old Montreal fire that killed mother, daughterFirefighters brought the fire that tore through a century-old building in Old Montreal under control early Saturday morning. Police confirmed the identities of the two victims pulled from the rubble.
Read more »
Quebec police arrest man after body of missing woman found southwest of MontrealMONTREAL — Quebec provincial police arrested a man on Thursday in connection with the disappearance of 29-year-old Kelsey Watt, who was reported missing over the weekend.
Read more »
Quebec government imposes measures to address 'toxic climate' at Montreal schoolMONTREAL — Corrective measures are underway to address a 'toxic climate' of fear and intimidation at a French-language Montreal primary school.
Read more »