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MAY 18, 2011 Elk Lake mill takeover by EACOM EACOM Timber Corporation is buying Liskeard Lumber's minority interest in Elk Lake Planing Mill, according to a corporate press release. EACOM owns two-thirds of the mill. Liskeard Lumber sold its one-third interest for $15 million. It was an original partner in the mill in 1965. The sale closes on July 31. Montreal-based EACOM, purchased Domtar's lumber business last June. The acquisition gave it seven Ontario and Quebec sawmills, including Nairn Centre, which cuts in western Temagami, and a majority interest in two more, including a two-thirds interest in Elk Lake. The latter gets a good portion of its spruce and jackpine from northern Temagami. Domtar no longer operates in Temagami. EACOM, a TSX Venture Exchange-listed company, was founded in 2008 by Rick Doman, former CEO of Western Forest Products. The Elk Lake sawmill's high efficiency allowed it to remain operating through the housing-market collapse in the US. This is the second recent change that marks a decline in local mill ownership. Last year, Georgia-Pacific purchased Grant's panelboard mill in Englehart.
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MAY 16, 2011 Video: Loon Serenade Ice-out welcomed by loons on Sharp Rock Inlet, Lake Temagami, May 11. Recorded by Gail Spencer. |
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MAY 10, 2011 Breakup Watch: break-up everywhere Break-up took place last night on Lake Temagami. It was observed by Jason Pigeau at Keewaydin Camp on the North Arm. Break-up is called when Lake Temagami is ice-free. Today's satellite image reveals that break-up took place on the remaining holdout lakes, likely last night or early this morning.
MAY 9, 2011 Breakup Watch: Lake Temagami's last ice
MAY 8, 2011 Breakup Watch: Lake Temagami nearly ice free
MAY 7, 2011 Breakup Watch: big ice loss
MAY 5, 2011 Breakup Watch: Lake Temagami opening
MAY 4, 2011 Backcountry park fees rise Ontario Parks has raised the overnight camping fees for backcountry parks by up to 50 cents per night for an adult. Fees have not been raised since 2009. |
MAY 4, 2011 Breakup Watch: lakes to south are open
MAY 2, 2011 Breakup Watch: Open water at Temagami Marine
MAY 1, 2011 Breakup Watch: Satellite view April 30
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