Groupe Lebel finalizes purchase of Maibec lumber mills
August 7, 2018
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Maibec Inc. has announced the sale of its lumber mills in St-Pamphile, Que. and Masardis, Maine, to Groupe Lebel of Rivière-du-Loup, Que.
“Maibec will now focus on growing its pre-stained exterior siding’s systems based on lap sidings and shingles manufactured with solid wood or wood-based engineered material,” said François Tardif, president of Maibec.
Maibec recently announced the launching of the Maibec Resistech siding systems manufactured on LP SmartSide from Louisiana-Pacific.
The 315 employees of Maibec involved in the transaction will maintain their employment with Groupe Lebel.
Maibec is a family-owned company from Quebec which has been involved in wood products manufacturing since 1946, a manufacturer of genuine wood sidings and a major manufacturer of white cedar shingles in the eastern region of North-America.
Maibec has been in partnership with Fonds de Solidarité FTQ since 2013.
Group Lebel is a family business that has been working in forestry for over 60 years, headquartered in Rivière-du-Loup in Lower St. Lawrence.