Interfor Corp, out of Vancouver, BC, Friday announced plans to reduce production across its operating platform in the US South by 20 per cent on a temporary basis in response to weak market demand. These curtailments will be taken by way of reduced hours at five of the company’s mills in the region and will remain in place until market conditions dictate otherwise.
“Prices for Southern Yellow Pine lumber have fallen by 27 per cent since the beginning of the year as available supply has outstripped product demand in the region,” said Duncan Davies, Interfor’s President & CEO.
The curtailments are at Interfor’s sawmills in Baxley, Thomaston and Meldrim, GA; Georgetown, SC; and Monticello, AR. During this time, Interfor will implement a series of planned maintenance and reliability improvements at the affected sawmills.
