A blow for 300 Northwood employees
PRINCE GEORGE – Another major blow has hit Prince George’s forestry sector after Canfor Pulp Products announced it will permanently close its Northwood Pulp facility by the end of the year, eliminating approximately 300 jobs and removing about 300,000 tonnes of annual Northern Bleached Softwood Kraft (NBSK) pulp production from the market.
The closure marks the second Canfor pulp mill shutdown in Prince George in recent years and underscores the continuing challenges facing British Columbia’s forest industry.
In announcing the decision, Canfor cited a prolonged period of unsustainable financial losses driven by a combination of global market pressures and ongoing fibre supply challenges. The company said substantial new pulp production capacity has come online around the world in recent years, creating an oversupply that has pushed global pulp prices downward.
