Ministers statement on Gorman Groups mill purchase
Minister of Forests Ravi Parmar announced his support for Gorman Group's acquisition of Weyerhaeuser's operations in Princeton, highlighting the essential role of family-owned forest companies in the local economy. He stated that these companies are the lifeblood of the forestry industry and emphasized the importance of local ownership over industrial conglomerates. Parmar remarked, "Companies like Gorman Group believe in the future of forestry," indicating confidence in sustainable practices. This investment is expected to positively impact the forestry sector, benefiting workers and their families in the region. The acquisition also reflects a growing trend toward supporting local businesses in British Columbia, which is crucial for economic resilience.
Princeton, as a community, stands to gain from this shift, enhancing its economic landscape. The move aligns with provincial goals to foster a sustainable and community-oriented forestry sector. Parmar's statement positions Gorman Group as a key player in the future of forestry in British Columbia.