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

BC Hydro opens applications for COVID-19 Relief Fund to residential customers

Small business owners will be able to apply to the fund next week.

Northern B.C. charity rolling out COVID-19 relief funds soon

United Way of Northern BC say funding requests are outweighing the amount of donations received.

UPDATE: First presumptive case of COVID-19 in Prince Rupert

Doctor says it was a visitor, Northern Health won’t confirm

Northwest mines lengthen crew rotations in response to COVID-19

Northern Health confident precautions sufficient enough to keep work camps open

UPDATE: Canadians awake to extra COVID-19 emergency benefit money, feds clarify changes

The CRA and federal officials are working to clarify the confusion around payments

B.C. sorting medical equipment sales, donation offers for COVID-19

Supply hub has call out for masks, gowns, coronavirus swabs

B.C. records five more deaths due to COVID-19, 45 new cases

A total of 838 people have recovered from the virus

Major crimes investigating sudden death of North Okanagan child

The 8 year old was flown to Kelowna General Hospital and died hours later

Easter Bunny added to B.C.’s list of essential workers

Premier John Horgan authorizes bunny to spread “eggs-ellent cheer” throughout province

Travellers returning to B.C. must have self-isolation plan or face quarantine: Horgan

Premier John Horgan says forms must be filled out by travellers

More than 400 animals have been adopted amid pandemic: B.C. SPCA

People are taking this time of social distancing to find a loyal companion through the animal welfare group

B.C. secures motel, hotel rooms for COVID-19 shelter space

Community centres, rooms reserved for pandemic self-isolation

Most Read