Canfor invests $200 million to build new mill in B.C.

Canfor Corporation has announced that it will be investing approximately $200 million to build a new state-of-the-art manufacturing facility in Houston, B.C. This low cost, high efficiency facility will have an annual production capacity of approximately 350 million board feet. Don Kayne, Canfor president and CEO, said in a statement that “this decision comes following a comprehensive evaluation of customer requirements and a careful evaluation of the availability of economic fibre in the region to support a successful investment.” “We have the plan, the people and the know-how to build a best-in ...