Sino-Forest Acquires Homix Wood Products Operations
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Sino-Forest Corp., China, this week reported that it has acquired Homix Ltd., a Chinese wood products company for some $7.1 million. The deal reportedly includes Homix's patents, its research and development laboratory, and two engineered-wood production operations. Homix's engineered wood products include recompressed wood products (made from plantation fiber and recycled wood and wood residues) and laminated veneer lumber.
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