Canfor Corporation

Canfor announces restructuring to position Alabama operations for the future

April 10, 2024

Vancouver, BC - Canfor Corporation (TSX:CFP) announced today that it will optimize its footprint in southern Alabama by permanently closing its Jackson facility and expanding production at its Fulton facility with a second shift. These steps, together with the previously announced construction of a new, state-of-the-art greenfield sawmill in Axis, will grow the Company’s regional manufacturing platform by 100 million board feet of production capacity and consolidate operations at modern facilities that are well-positioned to be competitive for the long-term.

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