Canfor Corporation will be temporarily curtailing operations at all British Columbia, Canada, dimension mills effective April 29 due to low lumber prices and the high cost of fibre, as the company says in the press release received by Lesprom Network.
The curtailment will reduce Canfor’s production output by approximately 100 million board feet. Canfor has 13 sawmills in Canada, with total annual capacity of approximately 3.8 billion board feet.
Canfor is a leading integrated forest products company based in Vancouver, British Columbia (“BC”) with interests in BC, Alberta, North and South Carolina, Alabama, Georgia, Mississippi and Arkansas, as well as in Sweden with its recent majority acquisition of Vida Group.
