Canfor to invest $160M in new Louisiana sawmill

VANCOUVER — Canfor has announced it will invest approximately $160 million USD to build a new, state-of-the-art sawmill near DeRidder, Louisiana.

“The Company is pleased to be receiving significant state and local incentives in support of the project,” reads a Canfor news release.

“The facility will have an annual production capacity of 250 million board feet on a two-shift basis and will directly employ about 130 people plus create significant additional indirect jobs.”