There's to be new owners of the mill in Barwick. Ainsworth is agreeing to sell all of its operations, including the Barwick mill, to U-S forestry giant Louisiana Pacific in a deal worth one-point-one billion dollars. Louisiana-Pacific chief executive Curt Stevens says the acquisition provides more financial stability to weather market conditions. Stevens says it will also gives L-P greater access to the Asian market where Ainsworth is well established.
