Canfor to close B.C. mills for two weeks, cites reduced demand
September 20, 2022 By CFI Staff
Canfor Corporation has announced a temporary reduction in production capacity in British Columbia through a two-week closure of its solid wood facilities in the province beginning September 26.
This will be followed by the resumption of reduced operating schedules until the end of 2022.
The company has been operating at approximately 80 per cent of production capacity at its Western Canadian sawmills since late March 2022.
These measures are expected to reduce approximately 200 million board feet of production capacity.
Canfor pointed to challenging market conditions as the reason for the capacity reduction.
“We are temporarily curtailing production in B.C. due to reduced market demand. We will leverage our global operating platform to prioritize the requirements of our customers,” said Don Kayne, president and CEO, Canfor.
To limit the impact on employees, they will have the opportunity to work during the downtime to complete maintenance projects and other site activities.
Earlier this month, the company curtailed operations at its Swedish facilities.
Read Canfor’s full statement.
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