Business News

Canfor Announces Revised Curtailments

Thursday 18. June 2009 - In addition to the recently announced indefinite closures at three BC lumber operations, Canfor Corporation (TSX:CFP) announced a revised lumber curtailment schedule for the summer months.

Commencing the week of June 22 until mid-August, the Company will be curtailing its lumber operations for one to four week periods, depending on the operation. This will remove approximately 95 million board feet of SPF (spruce-pine-fir) and SYP (southern yellow pine) lumber production.

Previously, the Company announced the indefinite closures of its Rustad, Vavenby and Radium sawmills, representing an additional 560 million board feet of SPF lumber production on an annualized basis.