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Bullboard - Stock Discussion Forum Canfor Corp T.CFP

Alternate Symbol(s):  CFPZF

Forest Products Lumber & Wood Production
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... see more

TSX:CFP - Post Discussion

Canfor Corp > Canfor Investing $130 Million to Modernize Urbana Facility
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Post by Betteryear2 on Apr 21, 2022 5:30pm

Canfor Investing $130 Million to Modernize Urbana Facility

VANCOUVER, BC, April 21, 2022 /CNW/ - Canfor Corporation (TSX: CFP) is pleased to announce it will invest approximately $130 million USD to significantly upgrade and expand its sawmill and planer facility located in Urbana in Union County, Arkansas. The investment will capitalize on the abundant supply of high-quality fiber to enhance the manufacturing of high-value products, increase annual production at the facility by 115 million board feet, and result in a meaningful reduction in the facility's cost structure. The investment aligns with Canfor's growth and diversification strategy to keep pace with growing customer demand.
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Canfor Corp