MONTRÉAL – /CNW Telbec/ – Resolute Forest Products Inc. (NYSE: RFP) (TSX: RFP) has announced that it has completed the previously announced acquisition of the 50% equity interest of Louisiana-Pacific Corporation (NYSE: LPX) in Resolute-LP Engineered Wood Larouche Inc. and Resolute-LP Engineered Wood St-Prime Limited Partnership located in Quebec.
In connection with the closing, Resolute entered into agreements with Louisiana-Pacific for it to serve as the exclusive distributor of the engineered wood products produced at the two operations.
About Resolute Forest Products
Resolute Forest Products is a global leader in the forest products industry with a diverse range of products, including market pulp, tissue, wood products and papers, which are marketed in over 60 countries. The company owns or operates some 40 facilities, as well as power generation assets, in the United States and Canada. Resolute has third-party certified 100% of its managed woodlands to internationally recognized sustainable forest management standards. The shares of Resolute Forest Products trade under the stock symbol RFP on both the New York Stock Exchange and the Toronto Stock Exchange.
(Resolute has facilities in Glenwood, Arkansas/Pike County, a member of SWARIA.)