Feb 03, 2009. /Lesprom.com/. Canfor Corp will cut lumber production at its sawmills in Western Canada and the U.S South because of weak market conditions.
Canfor cuts production at its sawmills in Western Canada and the U.S South
Feb 03, 2009. /Lesprom.com/. Canfor Corporation announced that due to the continued poor softwood lumber markets, it will be taking further curtailments at its British Columbia and Alberta sawmills for a two week period commencing February 9, 2009 which will remove approximately 83 million board feet of production.
In addition, effective February 23, 2009, the Company will remove the third shift at its Quesnel operation, resulting in a further reduction of Canfor's lumber production of approximately 100 million board feet on an annualized basis.
The Company has also reduced a shift at New South's Camden sawmill located in South Carolina, which will curtail New South's annual southern yellow pine lumber production by approximately 75 million board feet.
