International Forest Products Limited
TSX : IFP.A

International Forest Products Limited

March 15, 2010 20:17 ET

Interfor Completes Purchase of Timber Tenure in the Kamloops Region

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 15, 2010) - International Forest Products Limited ("Interfor" or the "Company") (TSX:IFP.A) announced today it has completed the acquisition of a timber tenure in the Kamloops Region from Weyerhaeuser Company Limited following an extended period of regulatory review.

The tenure represents an Allowable Annual Cut (AAC) of approximately 275,000 cubic metres and will help solidify the timber supply for the Company's new Adams Lake sawmill which commenced full operations in April 2009.

About Interfor

Interfor is one of the Pacific Northwest's largest producers of quality wood products. The Company has operations in British Columbia, Washington and Oregon, including two sawmills in the Coastal region of British Columbia, three in the B.C. Interior, two in Washington and two in Oregon. For more information about Interfor, visit our website at www.interfor.com.

Forward-Looking Statements

This release contains information and statements that are forward-looking in nature, including, but not limited to, statements containing the words "will", "believes" and "is expected" and similar expressions. Such statements involve known and unknown risks and uncertainties that may cause Interfor's actual results to be materially different from those expressed or implied by those forward-looking statements. Such risks and uncertainties include, among others: general economic and business conditions, product selling prices, raw material and operating costs, changes in foreign-currency exchange rates and other factors referenced herein and in Interfor's current annual report and management information circular available on www.sedar.com. The forward-looking information and statements contained in this report are based on Interfor's current expectations and beliefs. Readers are cautioned not to place undue reliance on forward-looking information or statements. Interfor undertakes no obligation to update such forward-looking information or statements, except where required by law.

Contact Information

  • International Forest Products Limited
    Ric Slaco
    Vice President and Chief Forester
    (604) 689-6843
    www.interfor.com