Companies in the timber industry / Daily News / Global Trends / Forestry / Lumber / Sawmilling / Wood Products / Global / North America
May 21, 2020
Canfor to close Isle Pierre sawmill due to COVID-19
Canfor Corporation announced it will be closing its Isle Pierre sawmill, which is located near Prince George, British Columbia. The closure will take effect in the third quarter of 2020 following an orderly wind down of operations. The closure is a result of an insufficient supply of economically viable timber following the Mountain Pine Beetle epidemic, coupled with the major global economic downturn as a result of the COVID-19 pandemic. “Unfortunately, the ongoing economic devastation caused by the COVID-19 pandemic has resulted in the urgent need ...
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