{"id":74889,"date":"2017-11-25T08:59:02","date_gmt":"2017-11-25T08:59:02","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/canfor-might-build-sawmill-us-southeast\/"},"modified":"2025-09-19T08:47:05","modified_gmt":"2025-09-19T08:47:05","slug":"canfor-might-build-sawmill-us-southeast","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/canfor-might-build-sawmill-us-southeast\/","title":{"rendered":"Canfor might build a sawmill in US Southeast"},"content":{"rendered":"

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\u2019s US Southern yellow pine capacity by 600 mmbf or about 40%.<\/strong><\/em><\/p>\n

Canfor Corp. CEO Donald Kayne and other executives of the company discussed with investors on the 23rd of October,\u00a0during the company\u2019s Q3 earnings call.<\/p>\n

Kayne said the company will decide on the greenfield sawmill at the end of January. Although it\u2019s too soon to give specifics, the mill would be located in the US Southeast, would likely cost about US$100 million and could be operational in early 2019, he said.<\/p>\n

The capital program and potential greenfield project are a shift from M&A because many of the M&A opportunities \u201care pretty expensive<\/em>,\u201d Kayne said. \u201cSo we're really focused hard on trying to maximize the production out of our own facilities<\/em>.\u201d<\/p>\n

Cost increases on the M&A side made both greenfield and organic capital investments more attractive. An evaluation of its operations found three or four mills, as well as some facilities on the finishing end and the kiln side, that present \u201csignificant opportunity \u2026 to spend additional dollars,<\/em>\u201d he said.<\/p>\n

\u201cSo if we had to rank them now, it's probably organic, greenfield and then M&A probably a close third<\/em>,\u201d Kayne said.<\/p>","protected":false},"excerpt":{"rendered":"

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\u2019s US Southern yellow pine capacity by 600 mmbf or about … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":49943,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4713],"tags":[3289,3383,3252],"class_list":["post-74889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-companies-in-the-timber-industry","tag-canfor","tag-sawmill","tag-us","topic-sawmilling","area-north-america"],"acf":[],"yoast_head":"\nCanfor might build a sawmill in US Southeast<\/title>\n<meta name=\"description\" content=\"Canfor is evaluating a 250 mmbf greenfield sawmill in the US Southeast region and also announced a new organic capital program of 350 mmbf\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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