Canfor announces downtime
Mar 15, 2007. Canfor Corporation announced on March 14 that it will be taking downtime at five of its sawmill operations in British Columbia.
Mar 15, 2007. /Lesprom Network/. Canfor Corporation announced on March 14 that it will be taking downtime at five of its sawmill operations in British Columbia. The curtailments are to address the continued poor market conditions. These curtailments represent approximately 70 million board feet of lumber production. Curtailments will commence at Canfor’s Vavenby mill from March 19 to March 25. Canfor’s Mackenzie mill will take an additional two weeks of downtime beginning March 26 and will continue in its 4-day operating format upon start up.
Canfor’s Chetwynd, Plateau and Rustad sawmills will take curtailments commencing March 19 for one week, March 26 for two weeks and April 2 for two weeks respectively. However, planer operations will continue throughout the downtime.
Canfor is a leading integrated forest products company based in Vancouver, British Columbia with interests in 33 facilities in BC, Alberta, Quebec, Washington state, and North and South Carolina. The company is the largest producer of softwood lumber in Canada while also producing oriented strand board, plywood, remanufactured lumber products and specialized wood products. Canfor also owns a 50.2% interest in Canfor Pulp Limited Partnership, which is one of the largest producers of northern softwood kraft pulp in Canada and a leading producer of high performance kraft paper. Canfor shares are traded on the Toronto Stock Exchange.