Conifex Timber reducing shift at its Glenwood sawmill in Arkansas

Market: Lumber
Posted June 17, 2019
Conifex Timber Inc. announced that commencing June 17, 2019, it is implementing a temporary curtailment with operations moving to one shift at its Glenwood, Arkansas sawmill for the foreseeable future, due to log supply shortages and poor market conditions.

The reduction is expected to reduce Conifex’s planned US South lumber production by approximately 4 million board feet in the 2Q 2019.

Conifex and its subsidiaries' primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing and distribution.

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