Canfor to Restart Operations at Mackenzie Sawmill
Vancouver, British Columbia, Canada, 01 May 2009 – Canfor Corporation (TSX:CFP) announced today that it will be restarting operations at its Mackenzie sawmill this summer. The decision to restart operations in Mackenzie comes as a result of the company’s efforts to increase its production of value-added products.
The mill will return to operation with a single shift. This decision will result in the production of 80 million board feet of SPF lumber, on an annualized basis. The restart of operations in Mackenzie will directly employ approximately 60 people, in addition to suppliers and contractors associated with the 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 (OSB), 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.