Search Results for: canfor corporation

Canfor Corporation reported net income of $81.3 million for the 2Q 2017, compared to net income of $66.1 million for the 1Q 2017 and a net income of $36 million for the 2Q 2016. For the six months ended June 30, 2017, the Company’s net income was $147.4 million, compared to $62 million for the[…]

Production will be cut back to approximately 80% at all of Canfor’s mills across B.C., starting last week, impacting over 200 workers in the East Kootenay. According to Canfor, the reduction in hours is in response to an unstable lumber market. “Due to challenging market conditions, we are implementing reduced operating schedules at our B.C.[…]