Quebec company buys second chunk of northern Maine forest

7 years ago

A Quebec City company that harvests and manages forests on both sides of the border bought its second property in Maine, the Ste-Aurelie Timberlands in Somerset County, for $30 million.

Solifor on Wednesday announced the deal for the nearly 62,000 acres, or 96 square miles, of forest, which is half the size of the island of Montreal. The former Maine owner’s name was not disclosed.

Solifor last May paid $25 million for 69,000 acres of forest slightly north of the recently purchased land, which abuts the Canadian border, Solifor spokesman Patrick McQuilken said. There are no immediate plans to acquire more forest land in Maine, he said.

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