Each issue of PaperMoney is approximately 500 fact filled pages.
Logout
Click here for Pulp & Paper Radio International
Items just for you
New publication added! Advertising Arguments 2015 book
Free Downloads
Search
My Profile
Login
Management Side
Technical Side
Canfor to Make Major Improvements
Print

Vancouver, British Columbia, Canada 02 December 2013 -- Canfor Corporation (TSX:CFP) announced today that, subject to ratification of the tentative labour agreement between the Company and the United Steelworkers, the Company will proceed with capital investments totaling approximately $36 million to improve efficiency and recovery in its Houston, British Columbia sawmill.

The investment will include upgrades to primary and secondary breakdown lines and advancements in scanning and optimization technology.

“Our newly-strengthened fibre position in the Houston region allows us to proceed with this significant investment,” said Canfor Corporation President and CEO Don Kayne. “These capital improvements are designed to ensure we are able to operate a world-class facility in Houston for the long term, in all market conditions.”

Canfor Corporation recently announced a fibre exchange agreement with West Fraser Mills Ltd. which, when concluded, will see the Company add approximately  324,500 cubic metres of replaceable forest licence allowable annual cut in the Morice Timber Supply Area. Since 2010, the Company has invested more than $650 million in modernizing its British Columbia lumber, pulp and paper mills.

 


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: