canfor corporation

Canadian News

Canfor closing mills and pellet plant as it restructures operations to 'create a more sustainable footprint'

VANCOUVER, Canada -- Canfor Corp. is closing one sawmill and pellet plant and temporarily closing a second sawmill. The actions will affect nearly 500 workers, and remove approximately 750 million board feet of annual production capacity. The announcement comes just weeks after the company announced it will permanently shut down its pulp mill in Prince George. Canfor is rationalizing its sawmill and pulp mill operations in B.C. to align with a shrinking fiber supply.

Press Releases

Canfor Reports Results for Fourth Quarter of 2011

VANCOUVER, BC -- Canfor Corporation (CA:CFP) reported a net loss attributable to shareholders ("shareholder net loss") of $44.1 million, or $0.31 per share, for the fourth quarter of 2011, compared to a shareholder net loss of $21.6 million, or $0.15 per share, for the third quarter of 2011 and shareholder net income of $32.9 million, or $0.23 per share, for the fourth quarter of 2010.