Conifex curtails sawmill operations at Fort St. James
Conifex Timber Inc. has curtailed sawmill operations at its Fort St. James, B.C., sawmill for two weeks, beginning on Nov. 12. It cites log costs and market conditions.
CONIFEX TIMBER Inc. is temporarily curtailing sawmill operations at its Fort St. James, B.C., sawmill for a two-week period commencing Nov. 12, 2018, due primarily to log costs and current lumber market conditions. An additional two-week curtailment is planned around the Christmas period, resulting in a total reduction of approximately 15 per cent of Conifex’s B.C. lumber production for the quarter.
“We have made the difficult decision to temporarily curtail our Fort St. James sawmill in Q4 due to the combined impact of increasing log costs, deteriorating log quality as the availability of commercially viable mountain pine beetle timber reaches an end, falling lumber prices and punitive lumber export duty impositions,” said Ken Shields, chair and chief executive officer. “We are working on a priority basis to position Fort St. James for long-term sustainable production in the lower lumber price and higher log cost environment we envisage for the balance of 2018 and 2019 and will be seeking to mitigate the impacts on our employees as much as possible.” 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 U.S., 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, B.C.
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Patrick Ward Bell, John Michael Costello, Jim Jia, George L Malpass, Janine North, Tom Reed, David E Roberts, Kenneth Alvin Shields
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