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
Babine Forest Products Contests $1 Million Fine For Fatal Explosion
Babine Forest Products Ltd. is contesting a $1 million penalty imposed by WorkSafeBC for the January 2012 sawmill fire and explosion that killed two employees and injured 20 others. Babine Forest Products said it is…
Interfor To Shut Down Two Washington Operations Citing Market Conditions
Citing tough market conditions and a challenging fiber supply, Interfor announced Tuesday that it will curtail operations at its Beaver sawmill and at its planer in Forks. The Beaver operation will wrap at the end…
U.S. Lumber Prices To Rise As Increased Home Building Offsets Decreased Chinese Exports
An increase in U.S. housing construction is expected to significantly raise lumber prices by the end of the year, offsetting the depressing effect China’s recent downturn in property investment has had on lumber demand. Capital…
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.