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Interfor Announces Incremental Lumber Production Curtailments for the Fourth Quarter of 2025
Globenewswireยท 2025-10-17 11:45
Core Viewpoint - Interfor Corporation announced a temporary reduction in lumber production for Q4 2025 due to weak market conditions and economic uncertainty, impacting operations in Canada and the U.S. [1][4] Production Adjustments - The company expects to reduce lumber production by approximately 250 million board feet, or 26%, compared to Q2 2025, which had more normal operating levels [2] - The curtailment volumes will be evenly distributed between Canadian and U.S. operations [2] - Interfor produced 936 million board feet in Q2 2025 and approximately 910 million board feet in Q3 2025 [2] Market Conditions - Lumber prices across North America have continued to decline from already low levels, prompting the company to adjust production to align with reduced market demand [4] - The company acknowledges the impact of these production cuts on employees, contractors, suppliers, and communities [4] Company Overview - Interfor is a growth-oriented forest products company with an annual lumber production capacity of approximately 4.7 billion board feet, offering a diverse range of lumber products globally [6]