Consumables
Canfor Corporation Announces Quesnel Mill Restart
Tuesday 11. May 2010 - Canfor Corporation (TSX:CFP) announced today that it will be restarting operations at its Quesnel sawmill in June. The decision to restart operations in Quesnel comes as a result of the Company's ability to find alternative markets for the mill's softwood lumber.
The sawmill will produce approximately 200 million board feet of SPF (Spruce-Pine-Fir) lumber on an annual basis. The mill will produce metric sizes and its entire output (approximately 700,000 cubic metres) is destined for various regions of China. The Company will recall approximately 155 employees.
“This is a good example of Canfor’s commitment to China. It marks the first time our Company has aligned a sawmill to one country. Providing this dedicated production into the Chinese market shows our confidence in the growing demand in this developing market,” said Canfor President and CEO Jim Shepard.