Canfor to decide Houston mill’s future July 27

By Rod Link
Houston Today
July 19, 2023
Category: Business & Politics
Region: Canada, Canada West

July 27 remains the day when Canfor Corporation’s 12 board members responsible for its lumber operations are due to decide if the company will build a new sawmill in Houston or not. Company confidentiality prevents a detailed explanation of financial and other considerations. …“We expect to provide an update on the Houston rebuild following the July 27 board meeting,” said Michelle Ward. …Based on information available, Canfor’s plan, if accepted by the board, is to build a new mill aimed at producing a high value product with the facility able to withstand ups and downs of the lumber product. It is also involving the provincial government in decisions relating to a steady supply of fibre for any new facility. …Canfor is encouraging a greater involvement with First Nations in acquiring a wood supply and the ability to sell it.

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