Canfor Investing $160 Million in US Mills

Canfor’s board of directors has approved a $160-million capital investment program focused on Canfor’s USSouth sawmill operations. The investment aims to increase production capacity by approximately 350 million board feet by the end of 2019.

A company statement says these investments will be focused on enhancing the firm’s high-value product offering by targeting a number of sawmill and planer modernization opportunities, along with increased drying capacity. read more >>