Canfor said the COVID-19 outbreak and “ongoing pressure anticipated on U.S. housing starts,” played significant roles in the company’s first quarter operating loss results which included a $63 million inventory write-down of its lumber operating segment.
Canadian lumber products leader Canfor has been fined nearly $130,000 after one of its British Columbia sawmill workers was seriously injured while using a planer.
Another Canadian lumber giant will temporarily curtail production at four of its British Columbia sawmills over the holiday period.
Leading Canadian wood product manufacturer Canfor will extend its temporary curtailment at sawmills in British Columbia during Q1 2019 due to a continuing decline in lumber prices, in addition to high log costs and log supply constraints.
Canadian wood product leader Canfor Corp. has purchased South Carolina-based Elliott Sawmilling Co. for $110 million.
Leading Canadian wood product manufacturer Canfor will curtail sawmill operations in British Columbia during Q4 2018 due to log supply constraints, log costs and current market conditions.
Canfor Southern Pine, the U.S. lumber operation of Canada's Canfor Corp., will open a U.S. headquarters in Mobile, Alabama. Canfor Southern Pine encompasses 14 manufacturing facilities, wproducing 1.4 billion board feet of southern yellow pine lumber as well as engineered wood products.
Canfor Corp. has officially opened two new pellet plants in British Columbia to produce biofuel from the company's sawmills. A $58 million joint venture with Pacific Bioenergy Corp., the Chetwynd and Fort St. John pellet plants have a combined annual capacity of 175,000 tonnes.
Emerald Ash Borers will spare 30-40% or more of the blue ash, and 20-30% of the white ash. The wood industry's most viewed report has video on reclaimed dead ash. Also popular: birch plywood Teardrop Trailer production.