Canfor to Close Vavenby Sawmill
Canfor Corporation announced it will be closing its Vavenby sawmill in British Columbia this July. Canfor has reached an agreement to sell the forest tenure associated with the Vavenby sawmill to Interfor for a price of $60 million.
“Due to the current and long-term log supply constraints we face in the Vavenby region, along with the high cost of fibre, we have made the very difficult decision to permanently close the sawmill and sell the associated forest tenure to Interfor. The ongoing depressed lumber markets have expedited this decision,” says Don Kayne, President and CEO, Canfor.
“Today’s decision is not a reflection on our employees, our contractors or the local communities of Vavenby and Clearwater who have all contributed significantly to the operation of our mill,” says Kayne. “We deeply regret the significant impact to our employees, contractors and the communities, and will be working to support them through this difficult time.”
“The BC forest industry has recognized for several years that sawmill capacity must be reduced as the annual allowable cut decreases following the end of the Mountain Pine Beetle epidemic,” says Kayne.
The Vavenby sawmill has an annual production capacity of approximately 250MMBF. Following the closure of Vavenby, Canfor will have 12 sawmills in Canada, with total annual capacity of approximately 3.55 billion BF.
RELATED ARTICLES
Canfor Plans New Sawmill In Louisiana
Canfor’s Vida Group Buys Sweden Mills
No-Go On Proposed Purchase Of Canfor
Latest News
Industry Patriarch Varn Passes
George W. Varn, Sr., who broke into the family turpentine business following World War II, and then along with a cousin built a chip mill and a sawmill in the late 1960s in Hoboken, Ga., called Varn Wood Products, and who became one of the patriarchs of the southern pine lumber industry, died September 4 in St. Vincent’s Hospital in Jacksonville, Fla., the same hospital…
GP To Build New Sawmill At Pineland
Georgia-Pacific plans to invest $120 million and build a new sawmill at its existing sawmill site in Pineland, Tex. Construction is expected to begin early next year and completed in late 2022. The new sawmill will replace the existing stud mill that was built in the 1960s. The new mill will have the ability to produce 450MMBF of…
West Fraser Buying New SYP Sawmill
West Fraser Timber Co. Ltd. has entered into an agreement to acquire the Angelina Forest Products (AFP) southern yellow pine sawmill in Lufkin, Tex. for $300 million (U.S.). The new sawmill began construction in 2018, commenced operations in late 2019 and is expected to progress toward full production capacity of more than…
WKO Acquires SDS Lumber
SDS Lumber, including its sawmill and plywood mill at Bigen, Wash., is part of an acquisition involving three purchasing entities. Seattle-based Twin Creeks Timber, LLC, The Conservation Fund, and Carson, Wash.-based Wilkins, Kaiser & Olsen, Inc. (WKO) are acquiring SDS Lumber and Timber Companies…
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.