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Winter 2017

EACOM Timber acquires Anthony-EACOM
EACOM Timber Corporation is pleased to announce that it has completed the purchase of Anthony-EACOM shares from Canfor Corporation (TSX: CFP).

Anthony-EACOM, which manufactures and distributes Power Joist® – a high quality solid flange I-joist, had previously been a 50/50 joint venture between Canfor and EACOM. Aptly named Power Joists®, these engineered wood I-joists provide a high performance alternative to dimension lumber joists for floor and roof applications. The engineered wood mill is located in Sault Ste. Marie, Ontario, where EACOM also owns five softwood lumber mills.

‘‘We have had great partnerships with Anthony Forest Products and later Canfor to operate Anthony-EACOM.’’ said Kevin Edgson, President and CEO of EACOM. “It’s now important for EACOM to secure assets that will contribute to the Company’s resilience and this acquisition is part of EACOM’s growth strategy.”

The change in ownership will result in the transfer of over 50 employees to the management of EACOM.

“We proudly welcome Anthony-EACOM and its employees to our asset base,” added Edgson. “Power Joists® will add to the variety of quality wood products offered to our customers.”
In further news from EACOM Timber, the company has installed a Continuous Dry Kiln at its Timmins sawmill. This new system is designed to accelerate the drying process by continuously cycling lumber through the kiln with significant energy efficiency gains.

The annual capacity of the sawmill will increase to 160 million board feet because of this technological upgrade.

“EACOM has been consistent in its strategy of growth and continuous improvement. This investment demonstrates our commitment to the Timmins sawmill,” said Edgson.

 

Winter 2017 News:
• IFIT extended
• EACOM Timber acquires Anthony-EACOM
• Canadian mining sector’s clean resources proposal shortlisted
• Ottawa launches new mass timber construction program
• Unifor plans for a strong forestry future if all stakeholders act now
NRC releases State of Canada’s Forests report
New sustainability promise takes responsible forest sourcing to a new level

• New Gold achieves commercial production at Rainy River
• First Cobalt reports high-grade cobalt at Silver Banner mine
Forest sector welcomes NRC’s Clean Growth Program

 

 
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