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B.C. Coastal Group sold.


B.C. COASTAL GROUP SOLD. Weyerhaeuser Co., Federal Way, Washington Federal Way is a city in King County, Washington, United States. Federal Way is considered a bedroom community by some people and is located between Seattle and Tacoma. Its western boundary is Puget Sound. , USA has reached a definitive agreement to sell its British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 Coastal Group assets to Brascan Corp., Toronto, Canada for approximately C$ 1.2 billion (US $970 million), plus working capital. The sale, expected to close during the second quarter of 2005, also includes five softwood softwood

Timber obtained from coniferous trees (mainly of the pine and fir families). With the exception of bald cypress, tamarack, and larch, softwood trees are evergreens.
 sawmills and two remanufacturing facilities.

IN OTHER WEYERHAEUSER NEWS: employees at the company's St. Helens Tree Farm-North, Longview, Washington Longview is a city in Cowlitz County, Washington, United States. It is the principal city of the 'Longview, Washington Metropolitan Statistical Area' which encompasses all of Cowlitz County.  have achieved a world-class safety success this month as they tallied more than one million hours without a lost-time injury.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:INDUSTRY NEWS
Publication:Solutions - for People, Processes and Paper
Geographic Code:1USA
Date:Apr 1, 2005
Words:95
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