
Canfor Corp. has decided to permanently close the Estill and
Darlington sawmills in South Carolina, effective August, 2025.
These closures follow an extended period of persistently weak
market conditions and sustained financial losses, which have
made continued operations at these facilities no longer viable.
"We understand the significant impact this difficult decision
will have on our employees," said Lee Goodloe, president, Canfor
Southern Pine. "This outcome is in no way a reflection of the
dedication and hard work of our teams. We are committed to
supporting our employees through this transition, including
providing severance payments and exploring opportunities for
redeployment within our other operations where possible."
Approximately 290 employees will be affected by the closures,
which will also reduce Canfor's United States lumber production
capacity by 350 million board feet annually.
About Canfor Corp.
Canfor is a global leader in the manufacturing of high-value,
low-carbon forest products including dimension and specialty
lumber, engineered wood products, pulp and paper, wood pellets,
and renewable energy. Proudly headquartered in Vancouver, B.C.,
Canfor produces renewable products from sustainably managed
forests, at more than 50 facilities across its diversified
operating platform in Canada, the United States and Europe. The
company has a 77-per-cent stake in Vida AB, Sweden's largest
privately owned sawmill company and also owns a 54.8-per-cent
interest in Canfor Pulp Products Inc. Canfor shares are traded
on the Toronto Stock Exchange under the symbol CFP.
Source: canfor.com