Pacific Woodtech assumes ownership of Golden mill

By Claire Palmber
The Golden Star
August 25, 2022
Category: Business & Politics
Region: Canada, Canada West

Pacific Woodtech has assumed ownership of the Golden mill, effective earlier this month on Aug. 1, as a part of a larger acquisition from LP Building Solutions. The total acquisition included log, veneer, laminated veneer lumber (LVL) and plywood facilities in Golden, as well as operations in Red Bluff, California and Wilmington, North Carolina. The acquisition was valued at $210 million. A statement from the company says that they will be working hard to retain existing employees. “This is an incredibly exciting time for PWT. We take great pride in combining LP Building Solutions’ EWP business and SolidStart® brand with our long-standing premium quality products and respected customer service,” said President and CEO Jim Enright.

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