Canfor is an integrated forest products company based in Vancouver, British Columbia, with interests in British Columbia, Alberta, North and South Carolina, Alabama, Georgia, Mississippi and Arkansas, as well as in Sweden with its recent majority acquisition of Vida Group. Canfor produces primarily softwood lumber and also owns a 54.8 percent interest in Canfor Pulp Products Inc., which is one of the largest global producers of market northern bleached softwood kraft pulp and a leading producer of high performance kraft paper.
Canfor has been curtailing production as of late. In July, Canfor shut down one British Columbia sawmill and permanently eliminated a shift at another. In combination with previous curtailments and the shutdown of its Vavenby sawmill, Canfor will lose 400 million board feet of lumber. Canfor sold cutting rights to its Vavenby mill to Interfor in June.
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