Interfor to Exit Québec Operations
INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) announced today plans to exit its operations in Québec, Canada, including the sale of its three manufacturing facilities and the closure of its Montréal corporate office.
Interfor announces plans to exit Québec
As part of the exit plan, Interfor announced that it has entered into a definitive agreement to sell its sawmills in Val-d’Or and Matagami as well as its Sullivan remanufacturing plant in Val-d'Or to Chantiers Chibougamau Ltée.
Interfor to Exit Quebec Operations, Sell Two Mills for About C$30M
Forest-products company Interfor will exit Quebec, with plans to sell three manufacturing facilities and close a corporate office in Montreal, as it focuses on other businesses it projects have greater potential.
Interfor selling Quebec operations for $30M, closing Montreal corporate office
Interfor Corp. is selling its three manufacturing facilities in Quebec and closing its corporate office in Montreal as the lumber producer plans to leave the province and focus on other parts of the company.
Interfor selling Quebec operations for $30M, exiting province
Interfor Corp. is selling three manufacturing facilities in the Province of Quebec, its Montréal corporate office, and exiting its operations in Québec. The company said these actions will allow it to "focus on the areas of highest future potential across the remainder of the Company.
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Interfor to sell manufacturing facilities in Québec and close Montréal corporate office
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The company says it has signed a deal to sell its sawmills in Val-d’Or and Matagami as well as its Sullivan remanufacturing ...