West Fraser Enters into Agreement to Purchase Angelina Forest Products Lumber Mill in Lufkin, Texas

West Fraser Timber Co. Ltd. announced today (10-12-21) that it has entered into an agreement to acquire Angelina Forest Products lumber mill located in Lufkin, Texas for approximately $300 million (USD), subject to certain post-closing adjustments. West Fraser is anticipating the transaction will close following successful completion of U.S. regulatory reviews and satisfaction of customary conditions.

West Fraser management plans to provide additional details about the transaction during the Company’s Q3 earning call, which is scheduled for Thursday 28th October 2021.

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Original Source:
West Fraser to Acquire U.S. South Lumber Mill