Canfor Corporation officially reopened its operations at Radium Hot Springs, B.C. on October 29, following a $38.5-million capital investment to upgrade the sawmill and build a new planer mill. When the mill is running at full capacity in 2013, it is expected to produce 240 million board feet annually and directly employ 144 people.
“This investment shows how optimistic Canfor is about the future of our industry and this region,” Canfor President and CEO Don Kayne said at the official reopening event October 31. “The mill has been totally reconfigured so it can produce high-quality lumber products for customers around the globe, and do so efficiently and competitively.”
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