Rayonier selling sawmilling division for CAD269m

GreenFirst raising annual sawn-softwood capacity to approximately 905m bdft

The US wood-industry group Rayonier Advanced Materials Inc. (RAM) of Jacksonville, Florida, is selling its entire sawmilling division to the Canadian investment company GreenFirst Forest Products Inc. (GreenFirst) of Vancouver, British Columbia. As reported by both companies on 12 April 2021, a binding purchase ...

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