Interfor Corporation, the Canadian lumber producing giant, is selling its Acorn specialty sawmill near Vancouver, British Columbia to an affiliate of San Industries Ltd..
The Mill is located on an approximately 30-acre leased site on the Fraser River in Delta, B.C.
Built in 1963, the mill was acquired by Interfor in 2001 from Primex Forest Products.
The Acorn facility specializes in producing lumber squares for the traditional Japanese home market and most of its production is exported to Asia.
The mill has a two-shift rated capacity of approximately 140 million board feet per year but has been operating on a one-shift basis for several years.
In 2021, the mill produced 56 million board feet of lumber representing approximately 2% of Interfor’s total company-wide production in 2021.
San Group is a privately held, B.C.-based forest products company, with primary and value-added lumber manufacturing operations in Port Alberni and Langley, B.C. The San Group intends to continue operating the mill.
The financial terms of the acquisition were not disclosed. Interfor said the deal is expected to close in the second quarter.
Based in Burnaby, British Columbia, Interfor has an annual lumber production capacity of 4.9 billion board feet.