Interfor Corporation has announced plans to reduce its lumber production output in the fourth quarter of 2022 by approximately 200 million board feet, or 17 per cent of quarterly capacity, as current economic conditions and market uncertainty have led to reduced lumber demand. This temporary reduction in output is expected to be spread across each of the company’s operating regions, primarily timed around U.S. Thanksgiving and Christmas holiday periods, and used to accelerate ongoing capital and maintenance projects. The company’s lumber inventories are currently within normal volume parameters, and ...
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