Canfor to curtail production by 15% at its Swedish facilities due to low market demand

Posted on September 5, 2022   |  

• Canfor Corporation will cut operations at its Swedish facilities due to a decrease in market demand, which will be effective on September 12.
• The reduced operating schedule will decrease production capacity by 15% and it is likely to remain in effect through Q4 2022.
• The decrease in production capacity will be done through reduced shifts and the company will continue to assess and make adjustments to operating schedules based on changes in market demand.