Weyerhaeuser Company has announced its agreement to sell its Princeton, British Columbia, lumber mill to the Gorman Group for approximately $120 million CAD in cash. The sale includes Weyerhaeuser's manufacturing facility and associated timber license assets in British Columbia. This transaction, expected to close in the third quarter of 2025 following regulatory review, is set to strengthen the Gorman Group's operations and enhance job sustainability in the region. Weyerhaeuser will continue to operate the Princeton mill independently until the deal is finalized. The sale highlights the long-standing relationship between the two companies, with Gorman Group being the mill's largest customer.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。