Canfor to continue reduced operating schedules
PRINCE GEORGE — Canfor has announced the continuation of reduced operating schedules at its western canadian sawmills due to ongoing global supply challenges.
The company has been operating at approximately 80 per cent of production capacity since later March. In addition, the forestry giant will be implementing two weeks of rotating downtime across its primary sawmills in July and August, which will help align production capacity with the sustainable timber supply and transportation availability.
These capacity reductions are expected to result in an incremental impact of approximately 275 million board feet by the end of August, in addition to the 100 million board feet reduction previously announced on March 30.
“The global supply challenges are continuing to significantly limit our ability to transport products to our customers and our inventory levels remain very high. We are working to bring our inventory levels back into balance by reducing our production, while also working to meet the needs of our customers,” said Don Kayne, President and CEO, Canfor.
