EACOM Timber Corporation is a TSX-V listed company. The business activities of EACOM consist of the manufacturing, marketing and distribution of lumber, wood chips and wood-based value-added products, and the management of forest resources. EACOM owns seven sawmills and an equity interest in an eighth sawmill, all located in Eastern Canada, and related tenures. The mills are Timmins, Nairn Centre, Gogama and Ear Falls in Ontario, and Val-d’Or, Ste-Marie and Matagami in Quebec. The equity interest is in the Elk Lake sawmill located in Ontario. The sawmills in Ear Falls, Ontario, and Ste-Marie, Quebec, are currently idled. EACOM also owns an idled sawmill in Big River, Saskatchewan, a remanufacturing facility and a 50% interest in an "I" joist plant.
On June 30, 2010, EACOM completed the acquisition of the Domtar forest products business, which transformed the Company from a lumber trading business to a lumber manufacturing, marketing and distribution business. The Company began operating these newly acquired assets on July 1, 2010.
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EACOM AND KELSO ANNOUNCE EXTENSION OF OFFER TO JUNE 14, 2013
EACOM and Kelso jointly announce that ET Acquisition Corporation, a corporation indirectly owned by funds managed by Kelso, has extended the expiry time of the offer by the Offeror to acquire all of the common shares of EACOM.
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Kelso & Company to make recommended all-cash offer of C$0.38 per share for EACOM Timber Corporation
EACOM Timber Corporation and Kelso & Company jointly announce that Kelso & Company, through a wholly owned subsidiary has agreed, subject to certain conditions, to make a take-over bid to acquire all of the common shares of EACOM for C$0.38 in cash per common share.
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EACOM Timber Corporation announces its fourth quarter and year end results
EACOM Timber Corporation is pleased to announce its fourth quarter and year end results for the three and twelve-month periods ended December 31, 2012.
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