“The Elko and Canal Flats mills will provide an additional 420 million board feet to Canfor's annual capacity, bringing Canfor's total capacity in North America to greater than 5 billion board feet.”

The transaction with Tembec expected to complete late in the first quarter of 2012.

For more information, visit: www.marketwatch.com/story/canfor-to-purchase-tembecs-british-columbia-southern-interior-wood-products-assets-2011-11-28?reflink=MW_news_stmp