Canfor Corporation

VIDA to invest in Bruza sawmill in Hjältevad, Sweden

December 7, 2023

Vancouver, BC - VIDA AB, owned 70% by Canfor Corporation (TSX:CFP), announced today that it will invest approximately 700 million SEK (CAD$85 million) at its Bruza Sawmill in Hjältevad, expanding production from 175 million board feet to 240 million board feet. This major investment includes a new high-capacity planing mill equipped with the latest technology, a new boiler, wood drying kilns and warehouse.

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