The sawmills have a combined annual capacity of around 365 million board feet and the related timber tenures have an allowable cut of around 450,000m3.
“We are excited about this new acquisition and the expansion opportunity it presents our company,” said Steve Zika, CEO of Hampton Affiliates.
“The mills are in good condition and we plan to operate the facilities as currently configured with no major changes in the employee manning,” he added.
