Canadian forest-lumber company Interfor has announced it will cut softwood lumber production by 20% in five of its nine sawmills in the US South. The mills affected by the curtailment are Baxley, Thomaston and Meldrim in Georgia, Georgetown in South Carolina and Monticello in Arkansas. “Prices for Southern Yellow Pine lumber have fallen by 27% since the beginning of the year as available supply has outstripped product demand in the region,” explains Duncan Davies, Interfor’s President and CEO. During this time, Interfor will implement a series of planned maintenance and reliability improvements at the affected sawmills which will offset the financial impact of the curtailments on a go-forward basis.
In all its nine sawmills across the US South combined, Interfor has a total annual capacity of approximately 1.3 billion board feet.
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