BANGOR DAILY NEWS • January 3, 2025
Irving Forest Products has acquired an Aroostook sawmill from another Canadian company. Irving will take over the Masardis sawmill in a sale that closes Monday, the company announced Thursday. The sale price wasn’t disclosed. The Masardis mill, owned by Groupe Lebel of Quebec, employs 80 workers and has an annual capacity of 115 million board feet. With this acquisition, Irving now owns 10 sawmills across Maine and New York that have a combined annual capacity of 1.3 billion board feet. Irving is Maine’s largest landowner, with 1.3 million acres of timberland. Groupe Lebel acquired the Masardis sawmill, Aroostook’s largest, in 2018 from Quebec-based Maibec, which had bought the former J. Paul Levesque sawmill in 2015.