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Interfor curtails production indefinitely at two U.S. sawmills due to weak market

BURNABY, ÎÚÑ»´«Ã½ — Interfor Corp. says it will indefinitely curtail operations at its sawmills in Meldrim, Ga., and Summerville, S.C., due to weak lumber market conditions. The move will impact about 180 employees across both facilities.
Canadian Press
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Interfor Corp. says it will indefinitely curtail operations at its sawmills in Meldrim, Ga., and Summerville, S.C., due to weak lumber market conditions. Logs are seen in an aerial view stacked at the Interfor sawmill, in Grand Forks, ÎÚÑ»´«Ã½, on May 12, 2018. THE CANADIAN PRESS/Darryl Dyck

BURNABY, ÎÚÑ»´«Ã½ — Interfor Corp. says it will indefinitely curtail operations at its sawmills in Meldrim, Ga., and Summerville, S.C., due to weak lumber market conditions.

The move will impact about 180 employees across both facilities.

Interfor says it expects to mitigate some of the affect on employees by providing work opportunities at other company operations, where possible.

The sawmills produce kiln-dried Southern Yellow Pine dimensional lumber.

Combined, the facilities have an annual capacity of 330 million board feet.

The company says log deliveries will be curtailed immediately, followed by a wind-down of operations, which is expected to be complete by the end of the third quarter.

This report by The Canadian Press was first published Aug. 20, 2024.

Companies in this story: (TSX:IFP)

The Canadian Press