Canfor Announces Permanent Closure of Polar Sawmill and Suspension of Planned Reinvestment in Houston, BC
On Thursday, Canfor announced the permanent closure of its Polar sawmill in Bear Lake, BC, and the suspension of its planned reinvestment in Houston, BC. The decision comes after a thorough analysis of the persistent shortage of economically available timber and challenging operating conditions in northern British Columbia, the company said.
The Polar sawmill, with a production capacity of about 300 million board feet annually, has been curtailed since January. The closure will impact approximately 180 employees.
The move follows an announcement by its subsidiary, Canfor Pulp, that one line of production will be indefinitely curtailed at the Northwood Pulp Mill.
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