Canfor has announced plans to permanently shut down its Estill and Darlington sawmills in South Carolina this August, citing prolonged market weakness and sustained financial losses.
خواندن ادامه مطلبآرشیو برچسب های: Canfor
آذر
Canfor Corporation recently announced it will curtail operations at its Polar Sawmill located in Bear Lake British Columbia, north of Prince George, following an orderly wind-down.
The curtailment is the result of a shortage of economically available fibre in the region and is expected to be in place for a period of approximately six months. The Company will continue to evaluate market conditions and fibre availability in the region and adjust operations accordingly.
“Unfortunately, BC is amongst the highest-cost operating jurisdictions in the world. With persistent weak market conditions and a shortage of cost-competitive fiber in the region, we simply don’t have enough economic fiber to support both of our Prince George-area mills through this winter. As a result, we are making the difficult decision to curtail operations at Polar to ensure continued operations at our other facilities in the region,” said Stephen Mackie, Executive Vice President, North American Operations.
“We know this will significantly impact our Polar employees, their families, our suppliers and the local community, who all rely on a healthy forest industry. We regret having to take this action and are committed to supporting our employees and their families during this difficult time. We will also continue to encourage government to work with industry, Indigenous partners and communities to address the challenges and uncertainty the industry is facing in accessing fiber in BC – the fiber that supports thousands of manufacturing jobs and creates the low-carbon products the world wants.”
The curtailment will remove approximately 140 million board feet of production over six months.
خواندن ادامه مطلب
شهریور
Canfor Corporation announces a substantial investment of approximately $200 million in the construction of a cutting-edge manufacturing facility in Houston, British Columbia. This state-of-the-art facility, characterized by its cost-efficiency and high productivity, is set to boast an impressive annual production capacity of approximately 350 million board feet.
Don Kayne, President and CEO, shared his sentiments today:
“I am delighted to make this announcement here in British Columbia, where Canfor has proudly called home for the past 85 years. This project reflects yet another substantial commitment by our company to bolster our diversified operational capabilities, ensuring our continued ability to meet the demands of our global customers with high-value products.
