tiprankstipranks
West Fraser Timber announces closure of Hinton Pulp sale
The Fly

West Fraser Timber announces closure of Hinton Pulp sale

West Fraser Timber announced that the company has completed the sale of its Hinton Pulp mill to Mondi Group following completion of Canadian regulatory reviews and satisfaction of customary closing conditions. “We would like to thank our dedicated employees, the community of Hinton, and the Government of Alberta, for their efforts in helping close this transaction,” said Sean McLaren, President & CEO West Fraser. “The future of the Hinton Pulp mill is bright.” Hinton Pulp produces unbleached kraft pulp. West Fraser will continue to support the mill through a long-term fiber supply agreement.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on WFG:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles