Canfor buys South Carolina sawmill

Canfor has completed a purchase of an American sawmill, the company said Monday.

Based in Estill, South Carolina, Elliott Sawmilling Company Inc. will add over 210 million feet of production capacity in a sawmill consisting of both large and small log lines.

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Canfor said in November 2018 it had reached an agreement to buy the operation for $110 million and by May 2019, it had acquired 49 per cent with the remaining 51 per cent to be acquired in a year.

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