Interfor to Sell Queensboro Mill
Vancouver, British Columbia, Canada, 30 March 2009 -- International Forest Products Limited (Interfor) (TSX: IFP.A) announced today that it has entered into an agreement with Port Metro Vancouver for the sale of its former Queensboro mill site for CAD 30.1 million. The agreement is subject to the Port obtaining final approval from the Minister of Transport, Canada. The transaction is expected to close in the third quarter of this year.
Interfor is one of the Pacific Northwest’s largest producers of quality wood products. The company has operations in British Columbia, Canada, and in Oregon and Washington, USA, including two sawmills in the Coastal region of British Columbia, three in the British Columbia Interior, two in Oregon and two in Washington. For more information about Interfor, visit www.interfor.com.