Western Forest Products to acquire processing and distribution centre

Western Forest Products has entered into an agreement with Hampton Lumber Mills-Washington, Inc. in order to acquire Hampton’s lumber processing and distribution centre in Arlington, Washington, United States (U.S.).  The purchase price of the transaction is estimated to be at US$9 million, and is expected to close this month.

The site is ideally suited for Western’s central distribution needs with direct rail service and close proximity to its major U.S. markets.

“This acquisition is a natural fit for Western as it allows us to increase the production of targeted, finished products while also providing a centralised warehousing and distribution centre to more effectively service our selected U.S. customers,” Don Demens, president and CEO of Western Forest Products, said. “This asset in Washington State also strengthens our global competitiveness by positioning Western to mitigate the damaging effects of duties on our products destined for the U.S. market.”