VANCOUVER, British Columbia, April 25, 2019 (GLOBE NEWSWIRE) -- INTERFOR CORPORATION (“Interfor” or the “Company”) (TSX: IFP) today announced plans to temporarily reduce production across its operating platform in the BC Interior during the month of May 2019 due to a combination of weak lumber prices and continuing high log costs. The curtailment is expected to reduce production in the region by approximately 20 million board feet for the month of May and will be taken by way of reduced operating days at each of the three BC Interior mills.
Interfor has three sawmills in the BC Interior, with total annual capacity of approximately 750 million board feet.
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Canada NewsWire
VANCOUVER, April 24, 2019
VANCOUVER, April 24, 2019 /CNW/ - Canfor Corporation (TSX:CFP) announced today it will be temporarily curtailing operations at all British Columbia dimension mills effective April 29 due to low lumber prices and the high cost of fibre.
The curtailment will reduce Canfor's production output by approximately 100 million board feet.
Canfor has 13 sawmills in Canada, with total annual capacity of approximately 3.8 billion board feet.