Companies in the timber industry / Daily News / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
April 25, 2019
Canfor to curtail operations at all British Columbia dimension mills; citing low lumber prices
Canfor Corporation will be temporarily curtailing operations at all British Columbia dimension mills effective April 29, 2019 due to low lumber prices and the high cost of fibre. According to the announcement, the curtailment will reduce Canfor’s production output by approximately 100 million board feet. Canfor has 13 sawmills in Canada, with total annual capacity of approximately 3.8 billion board feet. Back in February 2019, Canfor restricted production at its Vanenby plant for six weeks and for one week at Houston and Mackenzie mills. These curtailments ...
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B.C. logging companies diversifying products amid high fibre costs, oversupply and low lumber pricesCompanies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood construction / Wood Products / Global / North America