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
Florida Land Is Cleared, Sold To Klausner Group
The Suwannee County Board of County Commissioners voted to deed a 155 acre property at Live Oak, Fla. for $1, with stipulations, to the Austrian company, Klausner, which plans to build a large southern pine sawmill near the interchange of US 90 West and I-10. Klausner...
Pedal To The Metal
Story by Dan Shell, Managing Editor Easing into the second half of 2013, lumber markets reflect a housing industry giving off very mixed signals. Lumber producers have enjoyed a surge in prices beginning in fall 2012 that have essentially led to a solid year of...
Hawaii Lumber Industry Sees Strong Growth Ahead
Strong growth in the Hawaii lumber industry is predicted as construction activity is picking up locally and across the nation, said Ken Laughlin, president of the Hawaii Lumber Products Association. “The lumber industry is about to take off as demand and production...
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.