A company owned by Itasca Investment Capital Limited has completed the sale of the Kenora Forest Products Mill.
1347 Investors LLC completed the sale for the mill and its assets for $11.5 million.
The sawmill is expected to produce up to 150 million board feet of studs on two shifts.
Itasca says it acquired the sawmill at a very attractive price and are are excited to see the mill grow as it is brought online.
