Canfor Announces Construction of New State-of-the-Art Greenfield Sawmill in Washington, Georgia

Feb 22, 2018

The Board of Directors of Canfor Corporation (TSX:CFP) today approved the construction of a new, state-of-the-art sawmill in Washington, Georgia. The new sawmill, which will cost approximately US$120 million and have a production capacity of 275 million board feet, will employ best-in-class mill technology, capitalizing on an excellent fibre resource in the region to produce high-value dimension and specialty lumber products. Strategically located near the Company's existing glulam facility in Washington and the larger population centers in Athens and Augusta, the new mill will be able to draw on a strong and skilled employee base.

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