Gorman Group Acquires $120-million Tenure Transfer In Okanagan From Weyerhaeuser

Gorman Group Acquires $120-million Tenure Transfer In Okanagan From Weyerhaeuser

B.C. Minster of Forests Ravi Parmar has approved a $120-million tenure transfer from Weyerhaeuser to the Gorman Group. The news follows the May 2025 announcement by Weyerhaeuser of the sale of its Princeton, B.C. mill to the Gorman Group, which was finalized this past September. The Ministry of Forests stated that the transferred tenures total approximately 682,000 cubic metres and consists of 46,000 hectares of tenure in Tree Farm Licence 59, n…