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BID to deliver a new state-of-the-art sawmill facility for Canfor
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BID to deliver a new state-of-the-art sawmill facility for Canfor

BID Group will be partnering with Canfor Corporation to deliver a new state-of-the-art sawmill complex in southern Alabama. Through its industry-leading wood processing technologies and integrated solutions offering, BID will manage, design, build, equip, install, and provide full start-up services for the project. “We are thrilled to partner with the BID team again to continue...

Canfor records $374M net profit in Q2
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Canfor records $374M net profit in Q2

For the second quarter of 2022, Canfor Corporation posted operating income of $531.6 million, down $210.3 million from the first quarter of 2022. Net income is $373.8 million, down from $534 million the previous quarter. The decline reflects the lower lumber segment earnings following the strong earnings in the previous quarter, offset to a degree by improved...

Canfor to invest in new US$210M sawmill in Alabama
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Canfor to invest in new US$210M sawmill in Alabama

Canfor Corporation has announced it will invest approximately $210 million US to build a new, state-of-the-art sawmill complex in southern Alabama. Using leading technology, the new sawmill will have an annual production capacity of 250 million board feet on a two- shift basis and will provide a new, modern work environment for the approximately 130...