Weyerhaeuser Completes Sale of Princeton, B.C., Lumber Mill to Gorman Group

Weyerhaeuser completes sale of Canadian sawmill

The deal also includes the company's British Columbia timber licenses.

Weyerhaeuser Completes Sale of Princeton, B.C., Lumber Mill to Gorman Group

SEATTLE, Sept. 2, 2025 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced the completion of the sale of its lumber mill in Princeton, British Columbia, to the Gorman Group. The transaction, which was announced in May, also includes Weyerhaeuser's associated…

Weyerhaeuser Completes Sale Of Princeton, B.C. Lumber Mill To Gorman Group - Canadian Biomass Magazine

Weyerhaeuser Company recently announced the completion of the sale of its lumber mill in Princeton, B.C., to the Gorman Group. The transaction, which was announced in May, also includes Weyerhaeuser’s associated British Columbia timber licenses, which will transfer separately. That transfer is expected to be completed over the coming months and is subject to customary closing conditions, including regulatory review. Weyerhaeuser received approxi…