Millar Western Acquisition Complete
On March 1, Canfor announces the completion of the purchase of Millar Western Forest Products Ltd.'s solid wood operations in Alberta. Canfor Whitecourt, Canfor Fox Creek and Canfor Spruceland join Canfor's western Canada operations and add 630 million board feet of production capacity.
Investment in Urbana Operation
To capitalize on the abundant supply of high-quality fiber, Canfor announces its intention to invest approximately $130 million USD to significantly upgrade and expand its sawmill and planer facility located in Urbana in Union County, Arkansas.
Net Zero Company By 2050
Building on its sustainability strategy, Canfor announces the implementation of a comprehensive plan to achieve net-zero carbon emissions by 2050.
New Facility in Alabama
Equipped with leading technology, Canfor announces its plan to invest approximately $210 million USD to build a new, state-of-the-art sawmill complex in southern Alabama.
Restructuring of B.C. Operations
To better align manufacturing capacity in B.C., Canfor restructures its B.C. operations by permanently closing its Chetwynd sawmill and pellet plant and temporarily closing its Houston sawmill for an extended period to facilitate a major redevelopment on the site.