Interfor has announced curtailments in all the regions where they have forestry operations. (Black Press file photo)

Forestry giant Interfor curtails operations in the face of COVID-19

Forestry giant set to reduce production by 60 per cent for at least two weeks.

As many sectors of the economy in B.C. have slowed down due to the COVID-19 pandemic, forestry giant Interfor is bracing for the virus’ effects on the lumber market. In a Wednesday, March 18 press release, the company announced it would be curtailing production by 35 million board feet per week which represents approximately 60 per cent of its production capacity. The curtailments will initially be for a two-week period and will then be evaluated regularly.

Read More: Victoria-area youth at house party tell police they are ‘immune’ to COVID-19

Read More: Interior Health cancels day programs, prioritizes admissions to protect seniors receiving care

Along with the production curtailments, the company is to reduce capital expenditures by approximately $140 Million over the course of 2020 and 2021. The release stated expenditures would be evaluated as market conditions continue to evolve.

“We are very focused on ensuring the health and safety of our employees as well as adapting to the evolving market conditions,” said Ian Fillinger, Interfor’s President and CEO.

Read More: Canadian coronavirus morning update: Parliament to reconvene, Nova Scotia declares emergency

Read More: World COVID-19 morning update, March 22: New York governor wants military mobilized

Interfor operates mills and woodlots in B.C. and in the Pacific Northwest and Southern regions of the United States. The production curtailments will affect all the regions the company operates in.

The company’s B.C. presence includes the Acorn Mill in Delta and the Adams Lake mill in Chase as well as operations in Castlegar, Campbell River and Grand Forks.



jim.elliot@saobserver.net

Like us on Facebook and follow us on Twitter

Coronavirusforestry

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

COVID-19: RDN utility bills in the mail, deadline extended

Residents given until Sept. 8 to settle accounts

RCMP arrest suspect after attempted break-and-enter in Parksville

Resident provides description, cops nab 46-year-old man

Perfect Storm Group pushes for community-owned and operated primary care facility

Seeks proposals for development of feasibility study for ’Oceanside Campus of Healthcare’

B.C. records four new COVID-19 cases, Abbotsford hospital outbreak cleared

Four senior home outbreaks also declared over, eight still active

Young killer whale untangles itself from trap line off Nanaimo shore

DFO marine mammal rescue unit arrived as whale broke free from prawn trap line

Facing changes together: Your community, your journalists

The COVID-19 pandemic has changed the world in ways that would have… Continue reading

Friendly Cove and Kyuquot will remain closed until further notice

Transition of other B.C. communities will be monitored before a decision to ease restrictions

RCMP, coroner investigate murder-suicide on Salt Spring Island

Two dead, police say there is no risk to the public

Gold River organizes a shop local initiative to creatively boost economy

Local purchases can earn shoppers $200 gift certificates to be spent on businesses within Gold River

About 30% of B.C. students return to schools as in-class teaching restarts amid pandemic

Education minister noted that in-class instruction remains optional

Trudeau avoids questions about anti-racism protesters dispersed for Trump photo-op

Prime minister says racism is an issue Canadians must tackle at home, too

Most Read