Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
November 2, 2018
Canfor curtails sawmill operations in BC; reduces production by 10%
Canfor Corporation will be curtailing sawmill operations in British Columbia (BC) during Q4 2018 due to log supply constraints, log costs and current market conditions, company said in a statement. The curtailment is expected to reduce Canfor’s BC production output by approximately 10% throughout the quarter. “We have made the difficult decision to curtail our BC sawmill operations over the fourth quarter due to log supply challenges following another difficult wildfire season, uncompetitive log costs and declining lumber prices,” said Don Kayne, President and Chief Executive Officer. “We are working to ...
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