VANCOUVER, BC -- Canfor Corporation posted a loss of $44.1 million for the fourth quarter of 2011 compared to a $32.9 million profit for the same period in 2010.

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.

VANCOUVER, BC -- Canfor Corporation (TSX:CFP) announced it will permanently close two saw mills one week after signing an agreement to acquire Tembec Industries Ltd.'s southern British Columbia interior wood products assets, including a pair of sawmills.

fter a lengthy indefinite shut that followed the collapse of the United States residential housing market in 2008, Canfor Corporation has decided to close its historic Rustad Sawmill in Prince George, British Columbia and Tackama Mill in Fort Nelson, British Columbia.

Canfor Corporation (TSX:CFP) announced today that it has signed an agreement to acquire Tembec Industries Ltd.'s (Tembec) southern British Columbia (BC) interior wood products assets, for a purchase price including working capital of $60 million.

VANCOUVER, BC -- Canfor Corporation announced it will proceed with a 2011 capital spending plan for its lumber business of $145 million.