Canfor to Curtail Additional Capacity in B.C.
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Canfor Corporation (Vancouver, Canada) announced yesterday additional operating curtailments which will reduce production capacity by 75 million board feet between September 3 and the end of the year.
The Houston, Polar, Prince George and Fort St. John sawmills will be curtailed the week of September 3. In addition, Canfor’s Plateau and Houston mills will transition to a four-day work week in September, which will remain in effect until market and economic conditions support a return to the full operating schedule of five days per week.
The curtailments are due to the ongoing low price of lumber and the high cost of fibre, which are making the operating conditions in BC uneconomic.
