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Keyword: Canfor

Canfor announces production curtailment at Canadian sawmills

Canfor has announced the curtailment of approximately 115 million board feet of production capacity at its Canadian sawmills during the [...]

Canfor to build a new sawmill in Louisiana

Canfor Corporation today announced it will invest approximately $160 million USD to build a new, state-of-the-art sawmill [...]

Canadian sawmills can’t keep production pace with lumber demand

Lumber demand in North America is so strong that Resolute Forest Products Inc.’s order book exceeds its inventory, according [...]

Canfor reports record Q1/2021 profits

Canfor Corp. had record quarterly profits in the first quarter of 2021, thanks to record high North American lumber prices [...]

More North American forest industry mergers and acquisition expected in 2021

Record high lumber prices have left North American forestry companies flush with cash, setting the stage for more forestry M [...]

Canfor to sell Fort Nelson forest tenure to wood pellet producer

   Canfor will sell its forest tenure in the Fort Nelson region of British Columbia to the wood pellet [...]

Trends that drove lumber prices to record highs will continue, Canfor’s CEO predicts

   The work-from-home trend that drove lumber prices to record levels and helped producer Canfor Corp. realize [...]

Canfor earnings rise on lumber price spike

   The first of B.C.'s three forestry majors released third quarter financial results Thursday that confirm an [...]

Canfor expands to Europe: subsidiary completes sawmill acquisitions

Canfor's Swedish subsidiary, Vida Group, has completed a purchase of three sawmills in the Scandanavian country.    [...]

New record wood product prices boost shares for Canadian lumber producers

New record high prices for lumber and wood panel products thanks to continuing robust demand from renovation and new home [...]