GreenFirst to buy six lumber mills and a newsprint mill from Rayonier for US$214M by The Canadian Press Last Updated Apr 12, 2021 at 3:58 pm EDT CALGARY — GreenFirst Forest Products Inc. says it has struck a deal to buy six lumber mills in Ontario and Quebec and a newsprint mill in Kapuskasing, Ont., for about US$214 million from subsidiaries of Rayonier Advanced Materials Inc. The Vancouver-based company says a subsidiary will pay US$140 million plus the value of inventory on hand when the deals close, about 85 per cent in cash and 15 per cent in shares. In addition, a C$7.9-million chip o...