<b>Tembec Acquiring Crown Paper Mill in Louisiana</b>

Tembec Inc. announced plans to purchase Crown Paper’s St. Francisville, La., pulp and paper mill for about $185 million in cash and shares.

The St. Francisville mill is an integrated pulp and paper facility with annual production capacity of 310,000 tons of coated groundwood papers and 118,000 tons of specialty papers.

Tembec said the acquisition will increase its total paper and paperboard capacity to more than 1.1 million metric tons.

Tembec said is expects the closing to take place by the middle of this month.