Keyword: Canfor

Largest Canadian lumber companies announce sawmill production curtailments in May

Major Canadian forestry products companies have announced sawmill production curtailments for the month of May. All complain about the surge [...]

Canfor completes acquisition of 70% of the Swedish Vida Group

Canfor has completed its purchase of 70% of the Vida Group. The Vida Group is Sweden’s largest privately-owned [...]

Canfor reports 14% drop in lumber shipments in Q4 /2018

    Canfor Corporation generated strong financial results in 2018 with reported operating income of $608.6 million [...]

Huge crisis in the Canadian lumber market

Last week, Canfor Corp. announced that it temporarily curtailed operations at three of its sawmills in British Columbia, because of [...]

Canadian Canfor announces operations curtailment at three other mills in BC

Canadian lumber giant Canfor has again curtailed production at three of its British Columbia mills.    Citing [...]

Canfor’s CEO says that the company remains committed to BC, despite recent European acquisition

Canfor has reach an agreement to buy 70 per cent of Vida Group for about $580 million. The privately-held [...]

Canfor buys 70% of Swedish sawmill company VIDA

    Canfor Corporation announced that it has entered into an agreement to purchase 70% of the VIDA [...]

Canfor buys Elliott Sawmilling for US$110 million

Canfor Corporation has entered into an agreement to purchase Elliott Sawmilling Co., Inc. located in Estill, South Carolina for a [...]

Canfor reduces sawmill operations in BC, while cutting production by 10%

Canfor Corporation will be curtailing sawmill operations in British Columbia (BC) during Q4 2018 due to log supply constraints, log [...]

Canfor reports drop in lumber segment

Lower lumber prices and severe forest fires in Western Canada are partially behind Canfor's Q3 decline in both its [...]