Ainsworth Completes Cast Off of Non-Core Panel Mills

Posted by Rumin Mann
January 29th, 2010

Ainsworth Lumber has completed the sale of “non-core” specialty plywood facilities, allowing the Vancouver, B.C.-based producer to concentrate on engineered wood products.

“In early 2009, we established a clear strategy of divesting non-core assets and dedicating our resources to our most profitable operations,” said president/c.e.o. Rick Huff. He added that the firm is now “well positioned to take advantage of an eventual recovery in North American demand for engineered wood products.” Read more

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