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
Reality Check: U.S. Lumber Prices Off Highs After Supply Surge
U.S. lumber prices are falling in response to a late, cold spring in some parts of the country, and to a sharp first-quarter production increase by mills that may have overestimated gains in housing starts, lumber industry participants said. By early May, industry...
Colorado Senator Visits Recovering Sawmill
Colorado Senator Mark Udall visited a Montrose sawmill, Thursday, to talk about how the forest industry can help Colorado’s economy. He assisted the mill in obtaining a U.S. Forest Service contract last year. This plan is helping the mill recover. Nieman Enterprise...
Montana Lumber Mill Reopens, Holds ‘Work Day’
Thirty new jobs opened up when the Evergreen sawmill in Montana recently restarted production, and they added one more employee to the schedule. Senator Max Baucus joined employees at the sawmill for a work day. The Democrat, who recently announced his retirement,...
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.