{"id":88099,"date":"2024-09-27T07:48:48","date_gmt":"2024-09-27T07:48:48","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/brink-forest-products-proposes-deal-for-canfor-sawmills\/"},"modified":"2025-09-19T09:02:50","modified_gmt":"2025-09-19T09:02:50","slug":"brink-forest-products-proposes-deal-for-canfor-sawmills","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/brink-forest-products-proposes-deal-for-canfor-sawmills\/","title":{"rendered":"Brink Forest Products proposes deal for Canfor sawmills"},"content":{"rendered":"<p>Brink Forest Products Ltd. has submitted an Addendum to its September 9, 2024, Letter of Intent to purchase four sawmills from Canfor Corporation.<span id=\"more-36342\"><\/span>Brink,<\/p>\n<p>\u201cThis acquisition is crucial for Brink and the communities we\u2019ve served over the past 50 years,\u201d said John A. Brink, CEO and Founder of Brink Forest Products. \u201cCanfor has been a key partner for more than three decades, and their sawmills are essential to our operations. With Canfor\u2019s exit from Northern B.C., we had to act decisively to prevent the loss of thousands of jobs tied to this supply chain.\u201d<\/p>\n<p>This proposed acquisition comes at a time when B.C.\u2019s forest sector is facing significant challenges, including government policy issues, high fibre costs, a reduced annual allowable cut, and the negative impact of U.S. softwood lumber tariffs. Over the past 15 years, these challenges have resulted in the closure of half of B.C.\u2019s sawmills and 75% of its value-added plants. For Brink, the potential closure of Canfor\u2019s mills threatens its primary lumber supply, leaving the company\u2014currently operating at 50% capacity\u2014in a vulnerable position.<\/p>\n<p>Founded in 1975 by John A. Brink, Brink Forest Products started as a small value-added facility with three employees. Now part of the Brink Group of Companies, the company has expanded its operations to Prince George, Vanderhoof, and Houston, employing over 400 people.<\/p>\n<p>To support the acquisition, Brink enlisted Industrial Forest Service Ltd. (IFS), with President Rob Schuetz at the helm, to conduct an in-depth analysis of the renewable timber tenures linked to the four sawmills. IFS, recognized as leaders in the global forest industry, assessed the fair market value of these assets and forecasted future timber volumes. Their analysis focused on two main objectives: determining the future volume of replaceable tenure for each mill and evaluating the fair market value per cubic meter of tenure. This assessment formed the basis for the offer Brink presented to Canfor .<\/p>","protected":false},"excerpt":{"rendered":"<p>Brink Forest Products Ltd. has submitted an Addendum to its September 9, 2024, Letter of Intent to purchase four sawmills from Canfor Corporation.Brink, \u201cThis acquisition is crucial for Brink and the communities we\u2019ve served over the past 50 years,\u201d said &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/brink-forest-products-proposes-deal-for-canfor-sawmills\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":83786,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-88099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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