Interfor Announces Plan to Reduce Lumber Production in Q1

Interfor Corporation on Wednesday (1-11-23) announced it plans to reduce its lumber production output in Q1 of 2023 by at least 100 million board feet, or 8% of quarterly capacity. A press release said the move was the result of economic conditions and market uncertainty continuing to impact lumber demand.

The temporary reduction in output is expected to be mostly outside of Interfor’s US South operating region. The company says it expects to resume normal operating schedule in April 2023 but will continue to monitor market conditions and adjust production plans accordingly.

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