Interfor Corporation has reached an agreement to sell its specialty sawmill located in Gilchrist, Oregon to Neiman Enterprises Inc. The completion of the transaction is subject to customary conditions and is expected to close in the 4Q 2020.
Interfor’s Board of Directors appointed Rick Pozzebon as Senior Vice-President & CFO, effective August 6, 2020.
Interfor Corporation recorded net earnings in 2Q 2020 of $3.2 million, or $0.05 per share, compared to $6.3 million, or $0.09 per share in 1Q 2020 and a net loss of $11.2 million, or $0.17 per share in 2Q 2019.
Interfor Corporation recorded net earnings in 1Q 2020 of $6.3 million, or $0.09 per share, compared to net losses of $41.7 million, or $0.62 per share in 4Q 2019 and $15.3 million, or $0.23 per share in 1Q 2019. Adjusted net earnings were $0.7 million in 1Q 2020 compared to Adjusted net losses of $17.4 million in 4Q 20...