Interfor formalizes the acquisition of EACOM factories in the region

The purchase of EACOM Timber Corporation by Interfor Corporation is now complete.

The Vancouver forestry company therefore acquired the Val-d’Or and Matagami sawmills, as well as the secondary processing plant in Sullivan.

According to Éric Larouche, who is joining Interfor as senior vice-president, this is excellent news for the region’s 280 employees. They will see more career opportunities within the group, which has around thirty factories in North America.

It also raises the ceiling of opportunity for our communities, in terms of investing in our factories that need it. Our bread and butter is to make lumber. Interfor also comes with an impressive track record, where it has made acquisitions in the past. She worked with the teams in place to increase their efficiency, but also a roadmap of major investments. Their factories are state-of-the-art“, argues the one who directs all manufacturing and logging activities in Eastern Canada.

Rebuild the Matagami plant

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  • Ottawa police raise their voices in the face of anti-sanitary measures protesters
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  • Vaccinated less hospitalized than non-vaccinated during the Omicron wave
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On this subject, Éric Larouche specifies that Interfor plans to invest nearly $41 million in its 9 plants in Eastern Canada. No project has yet been announced in the region, but he ensures that all investment opportunities will be studied with the management of each plant.

For my part, a file that is close to my heart is that of Matagami, where I will work hard so that we can rebuild the entire plant. It’s a long-term project, with an investment of around 20 to 25 million dollars on which we had started working with partners at Eacom. This is not a project that can easily be announced tomorrow morning. It takes engineering plans, it takes a lot of up-front work“, he says.



The Matagami sawmill (archives)


© Piel Côté/Radio-Canada
The Matagami sawmill (archives)

Investments of nearly $9 million have just been completed by EACOM to replace the old dryer at the Matagami sawmill with a continuous dryer, a new technology.

The Val-d’Or and Sullivan plants will also be the subject of short- or medium-term investments, assures Éric Larouche.

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