Click here for Pulp & Paper Radio International
The Paperitalo Library
Free Downloads
My Profile
Canfor Corporation Sawmill to Take Downtime
Vancouver, British Columbia, Canada, 05 January 2010 – Canfor Corporation (TSX:CFP) announced today that it will take a market-related curtailment at its Quesnel sawmill, effective 15 January 2010. This decision will affect approximately 180 employees. This will remove approximately 255 million board feet of SPF lumber production on an annualized basis. The duration of this curtailment will be linked to market demand, as well as the economics of running this operation.

Canfor is a leading integrated forest products company based in Vancouver, British Columbia, with interests in Alberta, British Columbia, and Quebec in Canada, and in North Carolina, South Carolina, and Washington in the United States. The company produces the most softwood lumber in British Columbia, while also producing oriented strand board, 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 under the symbol CFP.

Related Articles:

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: