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Western Forest Products to acquire assets of Calvert Company Inc. for $12 million

Western Forest Products to acquire assets of Calvert Company Inc. for $12 million

Posted on July 25, 2022   |  

  • Western Forest Products Inc.  inked an agreement to acquire assets of Calvert Company, Inc. for $12 million, which includes $2.5 million in inventory, subject to customary post-closing inventory adjustments.
  • Calvert has manufacturing facilities in Washougal and Vancouver, Washington, with a combined annual glulam capacity (based on two shifts) of 35 million board feet, employing 60 employees and producing 13 million board feet of glulam in 2021.

 

 

 

 

 

Image: The Market Herald Canada