Canfor Corp. (TSX:CFP) will permanently shutter a sawmill in Bear Lake, B.C., indefinitely curtail one production line at a pulp mill, and suspend a planned investment to revitalize its shuttered sawmill in Houston, B.C.
Canfor blamed “persistent shortage of economically available timber and challenging operating conditions in northern British Columbia” for the closure decisions.
The closure plans include permanently shutting down its Polar sawmill in Bear Lake, north of Prince George. That closure alone will affect 180 employees.
Canfor Pulp Products Inc. (TSX:CFX) simultaneously announced it will indefinitely curtail one production line at its Northwood facility in Prince George. The curtailment of that production line is expected to affect 220
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