Canfor to buy Slocan.CANFOR TO BUY SLOCAN. Canfor Corp., Vancouver, 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 , Canada, has signed an agreement to acquire all the shares of Slocan Forest Products Ltd. (Slocan) in a share exchange transaction. Slocan shareholders will receive 1.3147 Canfor shares for each Slocan share. The combined company will be the largest spruce/pine/fir lumber manufacturer in the world with the second largest lumber capacity in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . It will have the following capacities: more than 5.2 billion board feet of lumber, 1.2 million metric tons of pulp, 950 million square feet of plywood plywood, manufactured board composed of an odd number of thin sheets of wood glued together under pressure with grains of the successive layers at right angles. Laminated wood differs from plywood in that the grains of its sheets are parallel. and OSB OSB abbr. Order of Saint Benedict , and 150,000 metric tons of kraft paper. |
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