Conifex Temporarily Curtailing Fort St. James and Mackenzie Operations in Q2
Conifex Timber Inc. (“Conifex”) announced that commencing May 6, 2019, it is temporarily curtailing operations at its Fort St. James, British Columbia sawmill for four weeks and its Mackenzie, British Columbia sawmill for three weeks, due primarily to continued high log costs and lumber market conditions.
The temporary curtailment is expected to reduce Conifex’s British Columbia lumber output by approximately 24 million board feet.
About Conifex Timber Inc.
Conifex and its subsidiaries’ primary business currently includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value added lumber finishing and distribution. Conifex’s lumber products are sold in the United States, Chinese, Canadian and Japanese markets. Conifex has expanded its operations to include bioenergy production following the commencement of commercial operations of its power generation facility at Mackenzie, BC.
Contact:
Yuri Lewis – Chief Financial Officer – yuri.lewis@conifex.com – (778) 331-8687
Source: Conifex Timber Inc.
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