Posted October 12, 2018
Interfor Сorporation (“Interfor”) plans to temporarily reduce production across its operating platform in the British Columbia Interior in 4Q 2018 due to a combination of declining lumber prices and escalating log costs.
The curtailment is expected to reduce production in the region by approximately 20% during the quarter and will be taken by way of reduced operating days and extended weekends/holiday breaks.
Interfor has three sawmills in the British Columbia Interior, with total annual capacity of approximately 750 million board feet.
Interfor is a growth-oriented lumber company with operations in Canada and the United States.