West Fraser to sell pulp mills

West Fraser Timber Co. and Atlas Holdings announced an agreement for the sale of West Fraser’s Quesnel, B.C., and Slave Lake, Alta., pulp mills to Atlas. The deal includes related woodlands operations and timber holdings in Alberta and a long-term fibre supply agreement for the Quesnel facility. Upon closing of the US$120 million transaction, the mills will be operated by Millar Western Forest Products. Edmonton-based Millar Western, which has been in business for more than a century, joined Atlas in 2017.