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Coast Forest Today - Our Blog

Monthly Archives: January 2015

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Rick Jeffery

President & CEO, Coast Forest Products Association

The Coast in Brief – Primary and Secondary Segments Together

100 secondary and remanufacturing companies working in British Columbia’s coast forest industry produced over $1.6 billion worth of sales and employed 3100 people in 2012.*  These companies producing value-added goods are an important and integrated part of the supply chain of our industry which includes major primary companies that are members of Coast Forest Products Association.  This successful synergy works and needs to be acknowledged – it is not a competition between companies as  Mr. Cameron recently mentioned in a Vancouver Sun interview.

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News Releases

coastforest

Catalyst Paper Corporation completes acquisition of paper mills in Wisconsin and Maine

Catalyst Paper Corporation (TSX: CYT) (“Catalyst”) is pleased to announce today that it has completed the acquisition of the Biron paper mill located in Wisconsin and the Rumford pulp and paper mill located in Maine, USA that was previously announced on October 30, 2014 (the “Acquisition”), from NewPage Corporation, NewPage Wisconsin System Inc., and Rumford Paper Company (the “Sellers”). The cash payment made on closing was US$62.4 million, after giving effect to an adjustment under the purchase agreement based on estimated working capital at closing, and the final purchase price is subject to certain additional post-closing adjustments.

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Big news! Coast Forest and COFI have come together as one
organization for a stronger, unified voice for BC's forest industry.
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Please visit BC Council of Forest Industries for more information on BC forestry.

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