Canfor announces market downtime at sawmills
Jun 23, 2006. Canfor Corporation announced on Thursday, June 22 that it will be taking downtime at some of its sawmills due to the unfavourable market realities.
Jun 23, 2006. /Lesprom Network/. Canfor Corporation announced on Thursday, June 22 that it will be taking downtime at some of its sawmills due to the unfavourable market realities of the high Canadian dollar and depressed lumber prices.
It is anticipated that the production associated with this downtime will total approximately 50 million board feet.
Canfor is a leading integrated forest products company based in Vancouver, British Columbia. The company is the largest producer of softwood lumber and one of the largest producers of northern softwood kraft pulp in Canada. Canfor also produces kraft paper, plywood, remanufactured lumber products, oriented strand board (OSB), hardboard paneling and a range of specialized wood products, including baled fibre and fibre mat at 33 facilities located in British Columbia, Alberta, Quebec and North and South Carolina.