Finlay Forest Industries | |
Foundation: | Mackenzie, British Columbia |
Location: | Mackenzie, British Columbia |
Industry: | Forest Products |
Products: | Forest Products |
Successor: | Abitibi-Consolidated Ltd 2000; AbitibiBowater 2007; Conifex Timber 2010 |
Defunct: | 2000 |
Finlay Forest Industries was a Canadian forest products company based in Mackenzie, British Columbia.
Finlay Forest Industries (FFI) was established in 1970 as a joint venture between Cattermole Timber and two Japanese firms, Jujo Paper and Sumitomo Forestry.[1] In 1980, operations were purchased by British Columbia Forest Products. Slocan Forest Products Ltd. and Donohue Inc. acquired FFI in 1994 as equal co-owners. In 1999, Donohue Inc. completed an $80 million takeover of Finlay Forest Industries.[2] This was followed in 2000, by a $7.1 billion takeover of all Donohue's operations, including their Mackenzie holdings, by Abitibi-Consolidated.[3] As part of this acquisition, FFI was dissolved as a company with operations now under the Abitibi-Consolidated brand.
Abitibi-Consolidated operated the two sawmills, including their associated planer mills, the paper mill, and a steam/power plant until 2008 when the 2008 Recession shutdown all manufacturing operations.
Conifex Timber purchased all assets in 2010 and presently operates one sawmill.[4]