The new name is a direct link to the Company's traditional trade name, and is consistent with the formal names of its US subsidiaries, which now account for more than 50% of Interfor's total production.
The process to simplify the share structure, which began last August, involves eliminating the Company's Class B Common Shares, known as Multiple Voting Shares, and redesignating Class A Subordinate Voting Shares as Common Shares.
Interfor is a growth-oriented lumber company with operations in Canada and the United States. The Company has annual production capacity of 2.6 billion board feet.