Canfor has announced it will implement reduced operating schedules at its B.C. sawmills, with exception of WynWood near Creston, starting the week of Aug. 30.
The company says Canfor's B.C. mills are expected to operate at approximately 80% of production capacity and operating schedules may continue to vary as economic conditions warrant.
"Due to challenging market conditions, we are implementing reduced operating schedules at our B.C. sawmills that will remain in place until demand and pricing meaningfully improve. We recognize the impact that volatile lumber markets have on our employees, contractors and communities and we will make efforts to mitigate the negative effects," said Sephen Mackie, Canfor's executive vice president, North America.
“We will also leverage our global operating platform to minimize disruptions in supply to our customers.”
Conifex Timber has also announced plans to take a two-week curtailment at its sawmill in Mackenzie, and cites high operating costs and falling lumber prices as the reason for the curtailment.
