Canfor resumes operations at its Houston Sawmill for four days a week. The schedule has been the same since Canfor announced curtailments in August.
Canfor
Elliott adds over 210 million board feet of production capacity.
Canfor Corporation will be closing its Isle Pierre sawmill, which is located near Prince George, British Columbia, Canada. The closure will take effect in the 3Q 2020 following an orderly wind down of operations.
For the 1Q 2020, Canfor Corporation reported an operating loss of $88.8 million, $29.2 million higher than the operating loss of $59.6 million reported for the 4Q 2019. The significant decline reflected materially lower operating earnings in the lumber segment, partially offset by improved operating earnings in the pul...
Canfor Corporation is undertaking additional temporary reductions in production capacity due to the impact of COVID-19 on the price of lumber and demand. Effective April 13, Canadian lumber production will be curtailed by approximately 100 million board feet through to May 1, resulting in a total production run rate of...
The COVID-19 outbreak has negatively impacted global demand for forest products and disrupted supply chain networks. As a result, Canfor Corporation has implemented the following changes to its operating schedule. Effective March 30, Canadian lumber production will be curtailed by approximately 70 million board feet, o...
Canfor Corporation announces that the transfer of the Vavenby tenure to Interfor is now complete. The sale of the Vavenby tenure provides the best opportunity for future economic activities and employment in the local communities.
For the 4Q 2019, Canfor Corporation reported an operating loss of $59.6 million, halving the operating loss of $120.3 million for the 3Q 2019.