Clear Full Forecast

Canfor Plans More Downtime

By 250 News

Wednesday, June 13, 2007 05:12 PM

Canfor  has announced  it will be scheduling downtime at several sawmills and at its PolarBoard oriented strand board (OSB) mill and Tackama plywood plant due to continuing poor market conditions.

These curtailments represent approximately 66.2 million board feet of lumber production, 14 million square feet of OSB (3/8” basis) and 8.5 million square feet of plywood (3/8” basis).

In order to maintain customer service and continue to meet its program commitments, the company will implement a curtailment schedule starting June 29 that will stagger mill downtime through to the second week of August. Employees will be encouraged to take summer holidays during this downtime.

In addition to the PolarBoard and Tackama mills, curtailments will take place at Canfor’s Rustad,Polar, Radium, Vavenby,  Chetwynd, Grande Prairie, Ft. St. John, Clear Lake and Daaquam sawmills.


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Comments

So, it isnt just mackenzie that's in for bad times. Canfor, as a business entity is only concerned with the bottom line, not the economic health of a community.
Sounds like CanFor has turned into Can'tFor. Sad. I hope the mining, oil and gas get going sooner than later.
If you don't take care of the bottom line, there won't be a Canfor at all. If there's no money coming in there's no business, pretty simple to understand.
Possible another natural disaster like katrina will stimulate wood needs in the US