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

Search for missing hiker suspended once again

Search for Laurence Philippsen was revived over the weekend after new information was received

NIC practical nursing students hone skills on pandemic’s front line

‘It also has become clear that this is my thing,’ – NIC practical nursing student Breanna Patterson

Abuse rarely stops without intervention – RCMP

The Campbell River RCMP responded to 48 reports related to domestic violence… Continue reading

‘Someone knows something’: a look into Vancouver Island missing persons with interactive map

There are more than three dozen people listed as missing throughout Vancouver Island

North Island College announces 2020 graduation award winners

North Island College has announced the award recipients for the 2020 Graduation… Continue reading

B.C. records 62 new COVID-19 cases, two deaths since Friday

Province has just over 200 active cases

Port Alberni will have a salmon derby on Labour Day after all

Alberni Valley Tyee Club reveals ‘socially distanced’ derby only for Labour Day 2020

Mirror business directory and map

If you’d like to be added to the list, shoot us an email

Hotel rooms for B.C. homeless too hasty, NDP government told

Businesses forced out, but crime goes down, minister says

Suspicious fire quenched before reaching gunpowder in Nanaimo’s historic Bastion

Probe underway in basement blaze that erupted near where powder stored to fire signature cannons

Duncan model makes quarter finals in ‘Maxim’ magazine contest

Brandee Peart among top one per cent left in competition

Wage subsidy will be extended until December amid post-COVID reopening: Trudeau

Trudeau said the extension will ‘give greater certainty and support to businesses’

B.C. government prepares for COVID-19 economic recovery efforts

New measures after July consultation, Carole James says

Fisherman snags barracuda off Vancouver Island in rare encounter

Ferocious fish, not native to Canada, was netted and released in Alberni Inlet

Most Read