Western Forest completes Columbia Vista asset deal 2019-02-01 09:06 ET - News Release
Mr. Stephen Williams reports
WESTERN FOREST PRODUCTS INC. COMPLETES ACQUISITION OF COLUMBIA VISTA CORPORATION
Western Forest Products Inc. has completed its previously announced acquisition of certain assets of Columbia Vista Corp. and related entities located in Vancouver, Wash.
"This acquisition is consistent with our strategy of pursuing margin-focused business opportunities that complement our position in selected markets," said Don Demens, Western's President and CEO. "We are excited to welcome Columbia Vista's employees to Western." Columbia Vista is a lumber manufacturer that focuses production on Douglas Fir specialty products for the Japanese and U.S. markets. Columbia Vista operates a sawmill business in Washington State and has been in business for over 60 years. The operations employ approximately 90 employees and produced approximately 60 million board feet of lumber in 2017.