Clearwater Paper completes Lewiston sawmill sale
Clearwater Paper Corp. has completed the sale of its Lewiston sawmill to Idaho Forest Group of Coeur d'Alene.
The $30 million transaction included the sawmill, planer mill, dry kilns, and related assets along with log and finished goods inventories and timber under contract.
As part of the sale, the two companies have entered into a long-term fiber supply agreement with the goal of delivering consistent supplies of chips and sawdust to Clearwater Paper's Lewiston pulp mill from Idaho Forest Group mills.