Conifex Timber Inc. announced that it is indefinitely curtailing operations at its El Dorado sawmill. The curtailment is planned to be phased-in over the next 60 days. The curtailment is expected to reduce Conifex’s US South lumber production by approximately 21 million board feet to the end of the year. “We regret this difficult decision, however lumber prices are simply too modest to justify continued operations at a site that requires further capital expenditures to realize its potential as an efficient, modern mill,” said Ken Shields, Chair and CEO. “While our wish ...
Register for unlimited access
We work hard to bring you the latest news in the world of the international wood industry. The article you are currently reading is available only to registered users.By registering you gain access to:
- Thousands of quality articles
- In-depth analyses of market trends
- Exclusive market price insights
- And much more!
