Canfor Corporation (CFP.TO)
- Yahoo Finance Canada
Weak loonie? These TSX stocks could gain strength, says RBC
It says Canadian stocks that tend to generate more earnings from the U.S. span the technology, media, financial, healthcare, industrial, and forest product sectors.
- The Canadian Press
Canfor buying lumber mill in Arkansas from Domtar affiliate for US$73 million
VANCOUVER — Canfor Corp. says it has signed a deal with an affiliate of Domtar Corp. to buy its El Dorado lumber manufacturing facility in Arkansas for US$73 million. The facility in Union County, Ark., produces dimensional lumber and specialty wood products. Canfor says it expects production capacity at the mill to increase to 175 million board feet per year after planned upgrades. The deal came as the forestry company reported a loss of C$64.5 million or 54 cents per diluted share for the quar
- CNW Group
Canfor Southern Pine Grows in Arkansas with Acquisition from Resolute
Canfor Corporation (TSX: CFP) is announcing that it has entered into a purchase agreement with Resolute El Dorado Inc., an affiliate of Domtar Corporation, to acquire its El Dorado lumber manufacturing facility in Union County, Arkansas. The US$73 million acquisition, including working capital, will create synergies and vertical integration opportunities given its complementary geographic fit with Canfor's existing operations in the region.
