West Fraser completes sale of two pulp mills

West Fraser Timber Co. Ltd. has completed the sale of its Quesnel River Pulp mill in British Columbia and its Slave Lake Pulp mill in Alberta to an affiliate of a fund managed by Atlas Holdings. The mills will be operated by Millar Western Forest Products, which joined the global Atlas family of manufacturing and distribution businesses in 2017.

“The sale of these two pulp assets, along with the disposition of Hinton Pulp earlier this year, enables West Fraser to focus its resources on becoming the premier building products company in North America,” says Sean McLaren, president and CEO, West Fraser.