Canfor Corporation announced on Wednesday afternoon (3-30-22) that effective Monday, April 4, 2022, it will be implementing reduced operating schedules at its Western Canadian sawmills. This is due the cumulative effects of the unprecedent global supply chain crisis that has been ongoing for the past several months, Canfor says.
The reduced operating schedules will remain in effect for a minimum of four weeks, and the Company says it will continue to assess and adjust the operating schedules as supply chain conditions evolve. It is anticipated that the reduced operating schedules will impact production capacity by a minimum of 100 million board feet.
In a statement prepared for the release of the announcement, Don Kayne, President and CEO of Canfor, said, “We are experiencing extreme supply chain challenges that are significantly impacting our operations and it has become imperative to reduce operating schedules to address our unsustainable inventory levels. We regret the impact that the reduced operating schedules will have on our employees, contractors, and communities and we will make efforts to mitigate the negative effects. We will continue to leverage our global operating platform to minimize disruptions in supply to our customers.”
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Canfor Announces Reduced Operating Schedules at Western Canada Sawmills Due to Global Supply Chain Crisis