Conifex Announces Operating Disruption at Power Facility
Conifex Timber Inc. (“Conifex”) announced a disruption of operations at its power plant in Mackenzie, British Columbia resulting from damage to the plant’s generator. The boiler and other long lead-time equipment have not been impacted.
Conifex is working with its contractors to assess the damages and the required work plan. Conifex currently estimates repairs and the resumption of operations in a matter of weeks.
The disruption at the power facility is not expected to impact sawmill operations.
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 also produces bioenergy at its power generation facility at Mackenzie, BC.
Jordan Neeser – CFO – (604) 216-2949
Source: Conifex Timber Inc.