Western Coal to Merge with Walter Energy in 3.3 Billion Deal
Vancouver based Western Coal and U S firm Walter Energy announce a 3.3 billion transaction creating a larger combined company with metallurgical coal growth aims. The deal requires Canadian and U S regulatory approvals and shareholder consent with headquarters undecided and management roles to be resolved.
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Canfor plans $145 million capital push for sawmills
Canfor Corp outlines a $145 million capital spending plan for 2011, with $120 million for sawmill improvements and $25 million for maintenance. The program targets upgrades across its B.C. mills, including Prince George area facilities, Mackenzie, Chetwynd, Quesnel, Vanderhoof and Houston, as it seeks renewed profitability and a stronger competitive position.
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Prince George
Canfor
Jim Shepard
U.S
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