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June 14, 2021

Canfor to invest $160 million in a new sawmill in Louisiana

  Canfor Corporation today announced it will invest approximately $160 million USD to build a new, state-of-the-art sawmill near DeRidder, Louisiana.  The company said it has received significant state and local incentives in support of the project. The facility will have an annual production capacity of 250 million board feet on a two-shift basis and will directly employ about 130 people.  The Louisiana facility will have manufacturing capacity and flexibility to produce a wide variety of highvalue wood products. Startup is expected to commence late in the third quarter of 2022 ...

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