Canfor might build a sawmill in US Southeast
Canfor is evaluating a 250 mmbf greenfield sawmill in the US Southeast region and also announced a new organic capital program of 350 mmbf. Together, the projects would increase Canfor’s US Southern yellow pine capacity by 600 mmbf or about 40%. Canfor Corp. CEO Donald Kayne and other executives of the company discussed with investors on the 23rd of October, during the company’s Q3 earnings call. Kayne said the company will decide on the greenfield sawmill at the end of January. Although it’s too soon to give specifics, the mill would be located ...
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