International Paper Sells 13 Lumber Mills to West Fraser
August 14, 2011 | 10:05 pm CDT
MEMPHIS, TN -- International Paper, a manufacturer and distributor of forest products, has completed the sale of 13 lumber mills to West Fraser Timber Co. for approximately $325 million. The transaction includes lumber mills in Citronelle, Maplesville and Opelika, AL; Leola, AR; McDavid and Whitehouse, FL; Augusta and Folkston, GA; Armour and Seaboard, NC; Newberry, SC; and New Boston and Henderson, TX. The mills employ approximately 2,200 people. Read more.
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