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  • Canfor Reports Results for Fourth Quarter of 2014

    Feb 04, 2015
    Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders (“shareholder net income”) of $29.9 million, or $0.22 per share, for the fourth quarter of 2014, compared to $45.5 million, or $0.34 per share, for the third quarter of 2014 and $28.0 million, or $0.20 per share, for the fourth quarter of 2013. For the twelve months ended December 31, 2014, the Company’s shareholder net income was $175.2 million, or $1.28 per share, compared to shareholder net income of $228.6 million, or $1.61 per share, reported for the comparable period of 2013.
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  • Canfor Sells Taylor Pulp Mill to Canfor Pulp Products Incorporated

    Jan 28, 2015
    Canfor Corporation (TSX: CFP) announced today the sale of its Taylor, BC pulp mill to its subsidiary company, Canfor Pulp Products Incorporated (TSX: CFX). This transaction will impact the management reporting structure of Taylor Pulp within Canfor Corporation but is not anticipated to have any operational impacts. The agreement includes a purchase price of approximately $15 million including working capital, along with additional consideration to be paid by Canfor Pulp over a three year period contingent on the financial results of Taylor Pulp over that time.
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  • Canfor Corporation and Canfor Pulp Products Inc. Announce Fourth Quarter Results Conference Call

    Jan 09, 2015
    Canfor Corporation (TSX:CFP) and Canfor Pulp Products Inc. (TSX:CFX) will hold a joint conference call on Thursday, February 5, 2015 at 8:00 AM PST to discuss their respective fourth quarter 2014 financial and operating results.
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  • Canfor Completes Phased Purchase Agreement of Beadles and Balfour Lumber Companies

    Jan 02, 2015
    Canfor Corporation (TSX:CFP) announced today that, further to its news release issued August 1, 2014, the Company has completed the purchase agreement for the operating assets of Beadles and Balfour Lumber Companies. The transaction includes two sawmills located in Thomasville and Moultrie, Georgia and is structured with 55% being acquired upon completion of the agreement and the balance after a two year period.
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  • Canfor Reports Results for Third Quarter of 2014

    Oct 31, 2014
    Canfor Corporation (TSX:CFP) today reported net income attributable to shareholders ("shareholder net income") of $45.5 million, or $0.34 per share, for the third quarter of 2014, compared to $54.3 million, or $0.39 per share, for the second quarter of 2014 and $28.4 million, or $0.20 per share, for the third quarter of 2013. For the nine months ended September 30, 2014, the Company's shareholder net income was $145.3 million, or $1.05 per share, compared to shareholder net income of $200.6 million, or $1.41 per share, reported for the comparable period of 2013.
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  • Canfor Purchases Mill from Southern Lumber Company

    Sep 30, 2014
    Canfor Corporation (TSX:CFP) is pleased to announce the purchase of the operating assets of Southern Lumber Company, Inc. The acquisition includes a sawmill located in Hermanville, Mississippi which is a large log southern yellow pine dimension mill manufacturing predominately long, wide width lumber. The sawmill is in an area of exceptionally high quality fibre and is well suited for higher value product lines. After reflecting near term capital, the operation has a capacity of 90 million board feet.
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  • Canfor Corporation and Canfor Pulp Products Inc. Announce Third Quarter Results Conference Call

    Sep 25, 2014
    Canfor Corporation (TSX:CFP) and Canfor Pulp Products Inc. (TSX:CFX) will hold a joint conference call on Friday, October 31, 2014 at 7:30 AM PDT to discuss their respective third quarter 2014 financial and operating results.
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  • Canfor to Construct Pellet Plants in Chetwynd, Fort St. John

    Sep 24, 2014
    Canfor Corporation (TSX:CFP) is pleased to announce its plans to construct a pellet plant at each of the Company’s Chetwynd and Fort St. John sawmill sites. The pellet plants will be constructed and operated in partnership with Pacific Bioenergy Corporation.
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  • Canfor Purchases Mills from Balfour / Beadles Lumber

    Aug 01, 2014
    Canfor Corporation (TSX:CFP) is pleased to announce the purchase of the operating assets of Balfour Lumber Company and Beadles Lumber Company. The transaction includes two sawmills located in Thomasville and Moultrie, Georgia in an area with a high quality and sustainable fibre supply. The Balfour and Beadles mills produce quality southern yellow pine lumber and the operations have a combined capacity of 210 million board feet after reflecting planned near term capital. The purchase is structured with 55% being acquired in January 2015 and the balance after a two year period.
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  • Canfor Reports Results For Second Quarter Of 2014

    Jul 24, 2014
    Canfor Corporation (TSX: CFP) today reported net income attributable to shareholders (“shareholder net income”) of $54.3 million, or $0.39 per share, for the second quarter of 2014, compared to $45.5 million, or $0.33 per share, for the first quarter of 2014 and $110.3 million, or $0.77 per share, for the second quarter of 2013. For the six months ended June 30, 2014, the Company’s shareholder net income was $99.8 million, or $0.72 per share, compared to shareholder net income of $172.2 million, or $1.21 per share, reported for the first half of 2013.
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