Brief: Canfor Corp Says Continuation Of Reduced Operating Schedules At Its Western Canadian Sawmills Due To Ongoing Global Supply Chain Challenges

Canfor

27/05/2022 24:34

May 26 (Reuters) - Canfor Corp  CFP.TO :
    * CONTINUATION OF REDUCED OPERATING SCHEDULES AT ITS WESTERN
CANADIAN SAWMILLS DUE TO ONGOING GLOBAL SUPPLY CHAIN CHALLENGES
    * COMPANY HAS BEEN OPERATING AT APPROXIMATELY 80% OF
PRODUCTION
CAPACITY SINCE LATE MARCH 2022
    * WESTERN CANADIAN SAWMILLS ARE ANTICIPATED TO RESUME NORMAL
OPERATING SCHEDULES FOLLOWING THEIR RESPECTIVE SUMMER DOWNTIME
    * CANFOR -CAPACITY REDUCTIONS EXPECTED TO IMPACT ABOUT 275
MILLION
BOARD FEET BY AUG END, IN ADDITION TO 100 MILLION BOARD FEET
REDUCTION, ANNOUNCED MAR 30


 ((Reuters.Briefs@thomsonreuters.com;))