Conifex to sell sawmill in Fort St. James, B.C., buyer plans to rebuild

Conifex has announced it's selling its sawmill in Fort St. James for $39 million. (Jonathan Hayward/Canadian Press)

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Another sawmill company has announced that one of its B.C. operations is shutting down, adding another site to the swollen list of mill closures or slowdowns hitting the province.

Conifex said it has agreed to sell its sawmill in Fort St. James to Hampton Lumber for around $39 million. The transaction hasn't closed, but on Tuesday, Conifex said it doesn't expect to resume normal operations before it does "due to continued uncertain market conditions."

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Source: CBC News

 

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