Canfor Takes Market Downtime
Vancouver, British Columbia, Canada, 05 October 2007 -- Canfor Corporation (TSX:CFP) announced today that it will be taking a series of curtailments at a number of its sawmills over the next few months. These curtailments represent approximately 74 million board feet of lumber production and will not affect Canfor’s ability to meet its customer commitments.
Canfor is a leading integrated forest products company based in Vancouver, British Columbia, with interests in 33 facilities in British Columbia, Alberta, and Quebec in Canada, and in Washington, North Carolina, and South Carolina in the United States. The company is the largest producer of softwood lumber in Canada. It also produces oriented strand board (OSB), plywood, 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 (TSX: CFP).