Canfor expansion plans may be delayed
Feb. 23, 2018 - Canfor announced on Thursday the construction of a new sawmill in Washington, Ga., but today reported that it has been advised by the site contractor of a “potential previous commitment” that might prevent construction of the facility.
Canfor said it is working to sort out the situation and may encounter unforeseen delays.
If constructed, the sawmill, as announced by Canfor on Thursday, will cost approximately US$120 million and have a production capacity of 275 million board feet.
The company said it will “employ best-in-class mill technology, capitalizing on an excellent fibre resource in the region to produce high-value dimension and specialty lumber products.”
Construction was supposed to begin in the second quarter of 2018 with the official start-up expected for the third quarter of 2019.
February 23, 2018 By Canadian Forest Industries Staff
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