Canfor Announces Capital Investments at Vavenby, Polar and Plateau Operations

Feb 11, 2011

Canfor Corporation (TSX:CFP) announced today that, following a review with its Board of Directors, the Company will be proceeding with capital improvement projects totaling $62 million at its Vavenby, Polar and Plateau operations in British Columbia.

The projects are part of a capital spending plan for 2011 totaling $145 million, and a three year strategic plan that calls for total investment in sawmill improvement projects of $300 million.

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