In July, it was announced that North American Lumber had entered into a purchase agreement.

The Fastway Group, a subsidiary of Mill Street and Co., were planning to buy the business operations of North American Lumber.

It was announced at the end of last week that the transaction was not able to be completed.

Martha Konantz, President of North American Lumber, whose family have run the business for four generations could not comment on the reason why the transaction was not completed but said she is grateful to the staff of North American Lumber for their hard work and preparation over the past five months.

North American Lumber store in Weyburn was unable to comment but the store remains open even though the transaction could not be completed.

Konantz continues to look for a buyer of the company.