Canfor to Reduce Production at Southern US Operations

On Wednesday, Canfor announced that it will reduce production at its southern US operations due to persistent weak lumber markets.

Canfor will indefinitely curtail one shift at its Darlington, South Carolina, facility and reduce operating hours at its Estill, South Carolina, and Moultrie, Georgia, locations. The company will also implement curtailments across other southern US operations to better align with market demand. These changes will reduce lumber production by approximately 215 million board feet on an annualized basis.

In remarks accompanying the announcement, Lee Goodloe, President of Canfor Southern Pine, said:

“The changes we are making today will better align production capacity in our US operations with current market conditions. We regret the impact these changes will have on our employees and their families.”