VANCOUVER, BC, May 9, 2024 /CNW/ - After thorough analysis of the persistent shortage of economically available timber and challenging operating conditions in northern British Columbia, Canfor Corporation (TSX:CFP) announced today the permanent closure of its Polar sawmill in Bear Lake, BC and the suspension of its planned reinvestment in Houston, BC. This follows the announcement by our subsidiary company, Canfor Pulp, that one line of production will be indefinitely curtailed at the Northwood Pulp Mill.
Read more at newswire.caCanfor Announces Permanent Closure of Polar Sawmill and Suspension of Planned Reinvestment in Houston, B.C.
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