Canadian News
VANCOUVER, B.C. – West Fraser Timber Co. Ltd. continues its expansion into the U.S. lumber market with the $430 million acquisition of the Gilman Companies. The acquisition includes six sawmills and a fingerjoint mill in Florida and Georgia, as well as an administrative office in St. Marys, Georgia.
Vancouver, B.C.-based West Fraser's agreement with the Howard Gilman Foundation and other shareholders was announced July 26. The deal, which is subject to U.S. regulatory approvals and customary conditions, is anticipated to close in the third quarter of 2017.