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Canfor Q4 Profit Rises On Lumber Price Gains

Canadian forest products company Canfor Corp. posted a higher fourth-quarter profit on Wednesday, boosted by strong lumber prices as well as an increase in pulp production and shipments. Net income attributable to shareholders rose 31 percent to C$28 million, or 20...

Canfor Invests $15 Million In Alberta Sawmill

Grande Prairie’s Canfor sawmill recently received a capital investment grant from the Canfor Corporation in the amount of $15 million to perform some necessary upgrades to the facility. The planned work includes upgrades in controls and technology as well as equipment...

Canfor Announces Capital Investments In B.C. Sawmill

Canfor Corporation announced today that, subject to ratification of the tentative labor agreement between the Company and the United Steelworkers, the Company will proceed with capital investments totaling approximately $36 million to improve efficiency and recovery...