September 4, 2024
Vancouver, BC - Due to persistent weak lumber markets, Canfor Corporation (TSX: CFP) today announced it will reduce production at its southern US operations.
Canfor will indefinitely curtail one shift at its Darlington facility in South Carolina, and reduce operating hours at its Estill, South Carolina and Moultrie, Georgia locations. The company will also implement curtailments across other southern US operations to better align with market demand. These changes will reduce lumber production by approximately 215 million board feet on an annualized basis.