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Interfor to curtail lumber production across North America

Interfor plans to reduce its lumber production by approximately 175 million board feet between May and September 2024, representing just under 10 percent of its normal operating stance.

The temporary curtailments will impact all of Interfor’s operating regions through a combination of reduced operating hours, prolonged holiday breaks, reconfigured shifting schedules and extended maintenance shut-downs. The curtailments are in response to persistently weak market conditions, says the company.

“Benchmark lumber prices have continued to weaken since the beginning of the year, from already unsustainably low levels, as available supply has outstripped product demand,” said Ian Fillinger, Interfor’s president and CEO. “This action will help bring Interfor’s production and the needs of our customers back into balance. It will also help to keep inventory levels in check as we move into the summer.”

This announcement follows Interfor’s February 15, 2024 announcement to indefinitely curtail its sawmill operations in Philomath, Oregon.

The company will reportedly continue to monitor market conditions across all of its operations and adjust its production plans accordingly.