Weyerhaeuser to sell lumber mill in Princeton to Gorman Group (WY:NYSE)


  • 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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