Canfor to reduce production in British Columbia through end of 2022

Sep. 20, 2022 4:49 AM ETCanfor Corporation (CFPZF) Stock, CFP:CA StockBy: Meghavi Singh, SA News Editor
  • Canfor Corporation (OTCPK:CFPZF) notifies temporary reduction in production in British Columbia due to challenging market conditions.
  • The production capacity will be reduced through a two-week curtailment beginning September 26, 2022 at the majority of solid wood facilities in BC and will be followed by the resumption of reduced operating schedules until the end of 2022.
  • It is expected to result in a reduction of ~200M board feet of production capacity.

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