Conifex Provides Fort St. James Operations Update

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Dec 01, 2018
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VANCOUVER, British Columbia, Nov. 30, 2018 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (TSX: CFF) (“Conifex”) announced today that it intends to temporarily reduce operating capacity at its Fort St. James, British Columbia sawmill starting January 1, 2019, due primarily to log costs and current lumber market conditions. This is expected to continue until about mid-2019, resulting in an estimated 25% reduction in Conifex’s British Columbia lumber production during such period and a temporary workforce reduction of approximately 70 employees.