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Tag: Interfor

Canada's Interfor announces initiatives to address prevailing COVID-19 situation

20-03-2020
Interfor, initiative, tackle, coronavirus, impact, capital expenditure reduction, production curtailment

Interfor announced two days ago that it will implement a number of initiatives in order to adjust its business to operating conditions being impacted by COVID-19. “We are very focused on ensuring the health and safety of our employees as well as adapting to the evolving market conditions,” said Ian Fillinger, Interfor’s …

Interfor to reduce production due to falling lumber prices and rising log costs

23-10-2018
Interfor, reduce production, falling lumber prices, rising log costs

Interfor Corporation recently announced plans to temporarily reduce production across its operating platform in the BC Interior in 2018’s fourth quarter due to a combination of declining lumber prices and escalating log costs. The curtailment is expected to reduce production in the region by approximately 20 per cent during the quarter and …

Interfor investing in Thomaston Sawmill

10-08-2018
Interfor, Thomaston Sawmill, investment

Thomaston Sawmill in Upson County, Georgia, United States (U.S.), will be getting an investment from Interfor Corporation as part of its Southern Investment Strategy’s Phase II. In total, Interfor will be rebuilding five sawmills as well as provide major modernisation, according to WMGT, in order to raise efficiency and boost production in …

NA’s 13 biggest lumber companies increase production by 2.3% to 34.2 billion board feet in 2017

27-04-2018
North America, Canada, lumber, production, Canfor, Interfor, Tolko, West Fraser

The annual Wood Markets’ “Billion Board Foot Club” list of top global lumber companies showed further gains in production by 10 of the 13 companies making the list in 2017 (as compared to 2016 output). Three companies recorded output declines despite robust U.S. and export market demand (due to timber supply issues in the B.C. …

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