Canfor upgrades Mackenzie mill
Canfor announced Friday that it will be proceeding with capital improvement projects totalling approximately $40 million to increase productivity and recovery at its sawmill in Mackenzie.
The investment will include modifications and upgrades to the sawmill, kilns and planer.
“Our fibre supply in the Mackenzie region is strong and this announcement reflects confidence in our ability to operate an internationally-competitive mill in this community,” said Don Kayne, President and CEO of Canfor Corporation, in a press release.
The capital project will commence this month, with anticipated completion in November 2013.
This announcement brings the total dollar value of the company’s capital investments to ensure competitive operation of its British Columbia solid wood, pulp and paper facilities to $600 million over the last three years.
The reopening of the Vavenby and Radium mills after significant capital investments resulted in the creation of 305 direct jobs, combined with significant downstream benefits to local economies.