Canfor’s new Houston mill to “strengthen” company operations

Canfor has announced its $200 million investment to build a new manufacturing facility in Houston, BC. The company expects the new facility to have an annual production capacity of around 350 million board feet. 

“This project represents another significant investment by our Company to strengthen our diversified operating platform and ensure that we can continue to deliver the high-value products that are in demand by our customers around the globe," said Don Kayne, president and CEO of Canfor. "This decision comes following a comprehensive evaluation of customer requirements and a careful evaluation of the availability of economic fibre in the region to support a successful investment. We believe we have the plan, the people, and the know-how to build a best-in-class facility that showcases BC workers, suppliers, and technology."