Western Forest Products buys Cascadia

  • Nov. 14, 2005 12:00 p.m.

Western Forest Products Inc. is buying Cascadia Forest Products Ltd, the two companies announced Friday.
Cascadia currently operates TFL 39, which covers a vast portion of Graham Island, which it acquired from Weyerhaeuser earlier this year.
Cory Delves, contract supervisor at Cascadia’s Juskatla office, said employees learned of the deal late Thursday night.
Mr. Delves said the sale shouldn’t make much difference to operations on the islands, although there is talk that some mills down south will be shut down as a result.
“I don’t see anything changing in operation on island here,” he said. “We just have another owner, that’s all.”
Port mayor Dale Lore said the sale wasn’t a surprise, and may lead to positive changes for the forestry-dependent town.
“It’s got to mean an improvement,” Mr. Lore said, adding that WFP – which recently shed its Sewell Inlet operation – may not be that interested in working on the islands, and could possibly sell the Juskatla operation. “It makes it easier for local control.”
The deal, which should be completed in the next few months, includes four sawmills and four remanufacturing facilities on Vancouver Island and the Lower Mainland, and 3.6-million cubic metres of annual harvest rights on crown land. Cascadia’s assets will make WFP the biggest forest company on the coast, according to the Vancouver Sun.

Just Posted

Wind project between Haida Gwaii and Prince Rupert moves forward once more

Naikun Wind Energy Group announced partnership with major offshore wind development company

Adverse weather forces ferry schedule change

Thursday’s Skidegate to Prince Rupert route affected

Coast Mountain College announces interim president

Ken Burt, current president and CEO, will say goodbye to CMNT come September

Queen Charlotte crackdown

RCMP target impaired driving amidst rising numbers of the offence

Australian gold mining giant acquires Red Chris mine

Newcrest now owns 70 per cent of the mine south of Iskut and operatorship

VIDEO: B.C. woman meets biological mother, 38 years later

Mother never gave up hope of finding daughter, despite all the obstacles

B.C. Lions fall to 1-9 after 13-10 loss to Ticats

Lowly Leos have dropped six straight CFL contests

VIDEO: B.C. woman meets biological mother, 38 years later

Mother never gave up hope of finding daughter, despite all the obstacles

B.C. man who died after rescuing swimmer was known for helping others

Shaun Nugent described as a dad, a coach, a hero and ‘stand-up guy’ at celebration of life

B.C. RCMP plane chases fleeing helicopter as part of major cross-border drug bust

The helicopter eventually landed at a rural property near Chilliwack

Thousands cycle to conquer cancer

The 11th annual Ride to Conquer Cancer took place Saturday morning, Aug. 24 in Surrey, B.C.

PHOTOS: Brazil military begins operations to fight Amazon fires

Amazon fires have become a global issue, escalating tensions between Brazil and European countries

Racist confrontation in Richmond parking lot caught on camera

Woman can be heard yelling racial slurs, swear words at woman in apparent parking dispute

Groups ready campaign to help young voters identify ‘fake news’ in election

The media literacy campaign to focus on identifying misinformation and suspicious sources online

Most Read