Western Forest Products completes sale of Stillwater Forest Operation to Tla’amin Nation

Bitget2026/11/03 22:19

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Western Forest Products completed the sale of its Stillwater Forest Operation to Qwoqwnes Forestry Holdings for approximately $80 million following adjustments.
Qwoqwnes, owned and controlled by Tla'amin Nation, acquired 100% of the operation’s assets near Powell River, British Columbia.
The operation includes Tree Farm Licence 39, covering approximately 154,000 hectares, with an allowable annual cut of 469,200 cubic metres.
A long-term fibre supply agreement will provide timber to the seller’s British Columbia coastal manufacturing operations, supporting its shift toward higher-value products.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Western Forest Products Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202611031643PRIMZONEFULLFEED9869585) on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Western Forest Products completes sale of Stillwater Forest Operation to Tla’amin Nation

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