Canfor To Invest In Louisiana Sawmill

Canfor Corporation will invest approximately $160 million to build a state-of-the-art sawmill near DeRidder, LA. The company will receive state and local incentives in support of the project. The facility will have an annual production capacity of 250 million board feet on a two-shift basis and will directly employ about 130 people plus create significant additional indirect jobs. It will have the manufacturing capacity and flexibility to produce a wide variety of high value wood products. Startup is expected to commence late in the third quarter of 2022.