Interfor to Take Downtime in BC Interior
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Interfor (Vancouver, Canada) this month (Oct. 2018) announced plans to temporarily reduce production across its operating platform in the BC Interior in Q4 of 2018 due to a combination of declining lumber prices and escalating log costs. The curtailment is expected to reduce production in the region by approximately 20% during the quarter and will be taken by way of reduced operating days and extended weekends/holiday breaks.
Interfor has three sawmills in the B.C. Interior, with total annual capacity of approximately 750 million board feet.