Canfor cuts lumber production and capital spending due to COVID 19
Will be down about $100 million across lumber operations compared with 2019.
Lumber giant Canfor announces it’s cutting back on mill operations in BC
The forestry giant has 12 sawmills around the province.
Canfor board recommends shareholders accept Pattison offer
Great Pacific Capital already owns a roughly 51% interest in the forest products company.
Tough conditions for softwood lumber as tariffs and climate weigh
Companies cut back shifts, close mills as a lack of log supplies and low prices bite.
Ontario, Quebec more vulnerable to US softwood duties
Their sawmills largely missed out on the surge of shipments to China.
Canfor-Licella JV to convert biomass to biocrude
Cat-HTR technology will be used to produce biofuels and biochemicals.
Canfor buys Anthony Forest Products in $93.5M deal
AFP in Arkansas operates six facilities producing lumber, engineered wood and wood chips.
Canfor shuttering Canal Flats sawmill in BC
Lack of fibre supply and a depressed market to blame.
Canfor sells Taylor Pulp to a subsidiary
Goes to Canfor Pulp for $15 million.
West Fraser tops global softwood lumber production, but Canfor narrows gap
International Wood Markets survey says overall global softwood production grew by only 2%.
Steelworkers and Canfor reach tentative deal
Five-year deal boosts pay, adjusts trades rates, improves health benefits and includes provisions to secure the USW’s pension plan.
Canfor to acquire Scotch & Gulf Lumber in Alabama for $80M
Phased purchase of three sawmills will take place over three years.
Canfor reopens mill in Radium Hot Springs
$38.5M upgrade to sawmill and new planer mill.
Canfor Pulp president and CEO steps down
Management integrating with Canfor Corp.
Canfor shutters two BC sawmills
Canfor Corp. has decided to close two BC sawmills, idled following the collapse of the US residential housing market in 2008, but it is investing $300 million in other facilities.
