Jan 28 (Reuters) - Hardwoods Distribution Inc HDI.TO :
* HDI ANNOUNCES ACQUISITION OF FAR WEST PLYWOOD
* CO'S HARDWOODS SPECIALTY PRODUCTS PURCHASED SUBSTANTIALLY ALL ASSETS, ASSUMED CERTAIN LIABILITIES OF FAR WEST PLYWOOD FOR $3.6 MILLION
* TRANSACTION PURCHASE PRICE WAS FINANCED BY A DRAW ON COMPANY'S EXISTING US CREDIT FACILITY
* FAR WEST WILL OPERATE UNDER HARDWOODS BRAND NAME GOING FORWARD