Timber News

Nova Scotia acquires Bowater Mersey mill site from Resolute for $1; to form "Forestry of Future" research, demonstration and development center



HALIFAX, NS , Dec. 11, 2012 (Press Release) - 

Nova Scotia has gained control of the largest block of privately-held lands yet sold in the province, enabling it to support thousands of families, provide opportunity for further innovation in the forest sector, and gain control of a key part of its economic destiny.

Premier Darrell Dexter announced today, Dec. 10, that the province has negotiated an agreement with Resolute Forest Products and the Washington Post Company to purchase all Bowater Mersey shares for $1.

Timber News Service subscribers - click here to read the full article.

Not a subscriber?


This article originally appeared on woodbiomass.com: Nova Scotia acquires Bowater Mersey mill site from Resolute for $1; to form "Forestry of Future" research, demonstration and development center