Successful Modernization and Strategic Acquisitions
Canfor completed modernization of their fleet in the U.S. South and expanded their presence in Sweden by acquiring three additional sawmills from Karl Hedin.
Strong Financial Position
Canfor has over $1.2 billion of available liquidity, providing financial flexibility for strategic investments.
Operational Improvements in Canfor Pulp
Canfor Pulp has made progress on several operating initiatives, including sourcing additional fiber supply and improving cost structure.