Interfor To Cut Lumber Production On Weak Market
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Interfor Corporation (IFP.TO), a Canadian lumber company, announced its plan to reduce its lumber production by around 145 million board feet between September and December of 2025, representing around 12% of its normal operating stance.
"The curtailments are in response to persistently weak market conditions and ongoing economic uncertainty," the company said.
The temporary reductions will be through a combination of reduced operating hours, prolonged holiday breaks, reconfigured shifting schedules, and others. The curtailments are expected to impact all of Interfor's operating regions.
Source: Nasdaq
