Mackenzie Pulp Mill Under New Management

By 250 News

Prince George, B.C. -  It has been confirmed, Sinar Mas is the successful bidder for four Pope and Talbot assets.

As part of a three pulp mill purchase, Sinar Mas of  Shanghai,  paid $225 million in cash  plus other  incentives, for the Mackenzie Pulp Mill,   Harmac Pulp in Nanaimo, and one in Halsey Oregon.

The communications company has also announced Sinar Mas has also purchased the Ft. St. James sawmill.  The price paid for that facility has not been released. 

Fox Lumber of Montana has purchased the Pope and Talbot sawmill  in Midway, again the price has not been disclosed.

Kelly O’Brien of Hubbell  Communications  says the deals will be final  following a court approval, and that hearing is set for February 12^th.

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