Finlay Forest Industries was a Canadian forest products company based in
Mackenzie, British Columbia.
History
Finlay Forest Industries (FFI) was established in 1970 as a joint venture between Cattermole Timber and two Japanese firms,
Jujo Paper and
Sumitomo Forestry
Sumitomo Forestry ( ja, 住友林業株式会社) is a Japanese logging and processing company. The company is also engaged in the construction of houses made of wooden materials. Included in the Sumitomo Group keiretsu.
At present, the company co ...
. In 1980, operations were purchased by
British Columbia Forest Products (BCFP).
Slocan Forest Products Ltd. and
Donohue Inc. acquired FFI in 1994 as equal co-owners. In 1999,
Donohue Inc. completed an $80 million takeover of Finlay Forest Industries. This was followed in 2000, by a $7.1 billion takeover of all Donohue's operations, including their Mackenzie holdings, by
Abitibi-Consolidated. As part of this acquisition, FFI was dissolved as a company with operations now under the
Abitibi-Consolidated brand.
Abitibi-Consolidated operated the two sawmills, including their associated planer mills, the paper mill, and a steam/power plant until
2008 when the 2008 Recession shutdown all manufacturing operations.
Conifex Timber purchased all assets in 2010 and presently operates one sawmill.
Conifex Creates Over 100 New Jobs By Acquiring A Dormant Sawmill In Mackenzie
Retrieved January 18, 2014
References
Forest products companies of Canada
Companies based in British Columbia
Renewable resource companies established in 1970
Renewable resource companies disestablished in 2000
Manufacturing companies disestablished in 2000
Nippon Paper Industries
Manufacturing companies established in 1970
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