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Companies in the timber industry / Daily News / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood Products / Global / North America
October 15, 2018

Interfor cuts production by 20% in BC Interior due to dropping lumber prices

Interfor cuts production by 20% in BC Interior due to dropping lumber prices
Interfor Corp. says it plans to cut production by about 20 percent across its sawmills in the B.C. Interior as it faces declining lumber prices and higher log costs.    The Vancouver-based company says the scale-back is a temporary measure planned for the fourth quarter.    It says the cuts will be achieved through reduced operating days and extended weekends and holiday breaks spread across its three mills in the Interior.    Lumber prices for Western softwood have plunged from over US$650 per thousand board feet in ...

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