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

Vancouver Island’s current COVID-19 case count officially hits zero

Of the 130 recorded Island Health cases, five people have died, 125 recovered

Valley artist gifts B.C.’s health officer with symbolic hummingbird

A special connection brought the piece to Dr. Bonnie Henry’s desk in Victoria

Black Lives Matter events planned for Courtenay

Peaceful gatherings are scheduled for Simms Park Friday and Saturday

Arnott taking medical leave as Comox mayor

Coun. Ken Grant will step in a mayor for time being

Comox Valley Regional District receives $100,000 to develop poverty action plan

Courtenay-Comox NDP MLA Ronna-Rae Leonard says a $100,000 grant in provincial funding… Continue reading

MAP: Dr. Henry reveals which B.C. regions have seen most COVID-19 cases

B.C. health officials release a first look at how the novel coronavirus has reached all corners of the province

Facing changes together: Your community, your journalists

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

Protests shift to memorializing George Floyd amid push for change

‘There is something better on the other side of this,’ says Atlanta Mayor Keisha Lance Bottom

Limit gun capacity to five bullets, victims group urges Trudeau government

Current limits are generally five bullets for hunting rifles and shotguns and 10 for handguns.

COVID-19: Closed B.C. businesses allowed to sell liquor stock

Sales allowed to other licensees that can reopen

Trudeau to offer premiers billions to help reopen the economy safely

Making a difference in municipalities is a pricey proposition

Vancouver Island First Nations gather to remember woman fatally shot by police

Nuu-chah-nulth Tribal Council requests an independent investigation

Cortes Island affordable housing project hangs by a thread

Regional decision makers resort to COVID-19 concerns despite virtual meeting option and push hearing to September

North Island recreation camping site closed due to vandalism

Damage happens every year, forcing site manager to reallocate improvement budget to repairs

Most Read