Weyerhaeuser to sell lumber mill in Princeton to Gorman Group

7 hours ago 1

Weyerhaeuser Company (NYSE:WY) to sell its lumber mill in Princeton, British Columbia, to the Gorman Group, owners of Gorman Bros. Lumber Ltd., a family-owned wood products manufacturer headquartered in West Kelowna, B.C.
The purchase price is ~C$120M in cash, which includes Weyerhaeuser's (

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