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Canfor Corp T.CFP

Alternate Symbol(s):  CFPZF

Canfor Corporation is engaged in the manufacturing of high-value low-carbon forest products, including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets, and green energy. The Company’s segments include lumber and pulp and paper. It produces renewable products from sustainably managed forests at more than 50 facilities across its diversified operating platform in Canada, the United States, and Europe. Its dimension lumber includes Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL), and Canfor Red. Its specialty lumber includes Balfour Boards, WynnWood Boards, Decking/Fascia, Lamstock, Long Lengths, Shop/Clears, and Access Mat Lumber. Its engineered wood products include Glulam, and Power Joist. Its pulp products are Bleached Softwood Kraft Pulp, and Unbleached Softwood Kraft Pulp. Its paper products are Bleached Kraft, Coloured Kraft, and Unbleached Kraft. It also has a biomass cogeneration facility in Grande Prairie.


TSX:CFP - Post by User

Comment by packerdriveron Sep 05, 2024 1:16pm
146 Views
Post# 36210184

RE:Northern BC closures

RE:Northern BC closures
Possibleidiot01 wrote: "With the dramatic reduction in available timber supply, we will explore opportunities to divest some of our northern BC tenure, which may help support other BC forest companies facing the same significant challenges in accessing economic fibre."

Huh, they can't make it work but somebodyelse can?

Supposedly larger companies have lower costs of capital and economic advantages so maybe it's a competency thing?



Not slways the case...not that simple...I can see how smaller, "mom and pop" operators might be able to make a buck....whereas before they did not have access timber....unfortunately that also translates in smaller margins and paycheques....and less spending money in local economies....but it's still something....surviving is better than death (If CFP would be stubborn about hanging onto tenure).
I guess that makes me a "glass half full" kind of guy ;)....I feel bad for the displaced workers though...that's a lousy situation to be in.

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