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Canfor Announces Restructuring to Position Alabama Operations for the Future

Newswire.ca - Wed Apr 10, 8:00AM CDT

VANCOUVER, BC, April 10, 2024 /CNW/ - Canfor Corporation (TSX: CFP) announced today that it will optimize its footprint in southern Alabama by permanently closing its Jackson facility and expanding production at its Fulton facility with a second shift. These steps, together with the previously announced construction of a new, state-of-the art greenfield sawmill in Axis, will grow the Company's regional manufacturing platform by 100 million board feet of production capacity and consolidate operations at modern facilities that are well positioned to be competitive for the long-term.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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