August 2025

Gorman Group Acquires Weyerhaeuser’s Princeton Lumber Mill

Posted on Aug 05, 2025



Princeton, BC – In a significant win for local industry, Gorman Group, the family-owned wood products company based in West Kelowna, has agreed to purchase Weyerhaeuser’s lumber mill in Princeton for approximately C$120 million in cash.


Key Highlights of the Transaction


• Scope of the Deal: The acquisition includes Weyerhaeuser’s Princeton manufactur...

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