Canfor Aligns Operations With Fibre Supply

To better align manufacturing capacity in British Columbia with the available long-term fibre supply, Canfor Corporation is restructuring its British Columbia operations by permanently closing its Chetwynd sawmill and pellet plant and temporarily closing its Houston sawmill to facilitate a major redevelopment on the site. The company intends to build a manufacturing facility with state-of-the-art technology to produce high value products from the sustainable timber supply in the region. Project planning, scoping, preliminary engineering, and budgeting are underway. Both facilities will be closed following an orderly wind down of operations that is expected to conclude early in the second quarter of 2023. This will remove approximately 750 million board feet of annual production capacity.