Canfor Plans New BC Sawmill
Canfor Corp. stated that to better align manufacturing capacity in British Columbia with the available long-term fiber supply, it is restructuring its BC operations by permanently closing its Chetwynd sawmill and pellet plant and temporarily closing its Houston sawmill for an extended period to facilitate the construction of a new manufacturing facility. Project planning, scoping, preliminary engineering and budgeting are underway.
The company will undertake a comprehensive evaluation of the availability of economic fiber and a thorough project financial analysis, supporting a final investment decision by the end of the second quarter of 2023. Both facilities will be closed following an orderly wind down of operations that is expected to conclude early in the second quarter of 2023 and will remove 750MMBF of annual production capacity.
“We are making these difficult but necessary decisions to create a more sustainable operating footprint in BC,” comments Don Kayne, president and CEO. “Our goal is to match our mill capacity with the economically available fiber for harvest to enhance our ability to compete and to operate throughout the market cycles. This is what will ultimately create greater stability for our employees and communities, while ensuring we can continue to provide the high quality, low carbon products that are in demand by our customers around the world.”
Latest News
Worldwide Softwood Lumber Demand Pushes Prices Higher
Increased demand for softwood lumber worldwide has pushed lumber prices higher, especially in the United States and China during the first half of 2017, according to the Wood Resource Quarterly, published by Wood Resources International LLC. International trade of...
The Outdoors Were In Good Hands
Article by Rich Donnell Editor-in-Chief A good friend of mine died on Labor Day. Forrest Bailey was recently retired, after 33 years as the natural resources section chief for the Alabama State Parks Division of the Dept. of Conservation. Forrest, so aptly named, was...
Montana Senators Take Aim At Canadian Lumber Exports
Montana’s two U.S. Senators testified Wednesday before a federal commission tasked with investigating Canadian lumber export practices. Sens. Steve Daines (R) and Jon Tester (D) were joined by colleagues from other western states and representatives of American timber...
Find Us On Social
Newsletter
The monthly Timber Processing Industry Newsletter reaches over 4,000 mill owners and supervisors.
Subscribe/Renew
Timber Processing is delivered 10 times per year to subscribers who represent sawmill ownership, management and supervisory personnel and corporate executives. Subscriptions are FREE to qualified individuals.
Advertise
Complete the online form so we can direct you to the appropriate Sales Representative.