Canfor Corporation will be temporarily curtailing operations at three British Columbia mills in Canada due to log supply constraints, log costs and current market conditions.

Lumber

Canfor temporarily curtailing production capacity in British Columbia, Canada

Canfor Corporation will be temporarily curtailing operations at three British Columbia mills in Canada due to log supply constraints, log costs and current market conditions, as the company says in the press release received by Lesprom Network.

Canfor's sawmill in Vavenby, Canada, will be curtailed for six weeks from February 11 to March 22, 2019. In addition, Canfor's sawmills in Houston and Mackenzie will be curtailed for one week each in 1Q.

In combination, these curtailments will reduce Canfor's production output by approximately 40 million board feet. This is in addition to the approximately 150 million board feet of production capacity that was curtailed by Canfor in 4Q 2018 and early 1Q 2019, as previously announced.

Canfor has 13 sawmills in Canada, with total annual capacity of approximately 3.8 billion board feet.