Canfor reducing production capacity in B.C. through end of 2022
PRINCE GEORGE — Challenging marketing conditions have prompted forestry giant Canfor to announce a temporary reduction in production.
“The production capacity will be reduced through a two-week curtailment beginning September 26 at the majority of solid wood facilities in B.C. and will be followed by the resumption of reduced operating schedules until the end of 2022. This is expected to result in a reduction of approximately 200 million board feet of production capacity,” says a company statement.
“We are temporarily curtailing production in B.C. due to reduced market demand,” says President and CEO Don Kaye. “We will leverage our global operating platform to prioritize the requirements of our customers.”
To limit the impact on employees, Canfor says workers will have the opportunity to work during the downtime to complete maintenance projects and other site activities.
