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Interfor nears deal for Slocan tenures

Interfor is close to acquiring two timber supply tenures from Springer Creek Forest Products in Slocan.
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Interfor is close to closing a deal to acquire Springer Creek Forest Products' wood supply.

Interfor is close to acquiring two timber supply tenures from Springer Creek Forest Products in Slocan, but the company says it's too early to say what it might mean for local workers or the economy.

The deal allowed Springer Creek to offer its idle workforce a reduced settlement package early this year. They voted 97 per cent in favour of an offer that will see them receive three quarters of what they might have otherwise been entitled to.

Read more in the Castlegar News.