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Interfor closing Philomath sawmill indefinitely, laying off 100, citing high log costs, weak lumber market
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Interfor Announces Lumber Production Curtailments in Oregon and British Columbia
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Jewett-Cameron Trading (NASDAQ:JCTCF) & Interfor (OTCMKTS:IFSPF) Financial Comparison
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Interfor Corporation announced that it will indefinitely curtail its sawmill operations in Philomath, Oregon. This curtailment is in response to persistent high log costs in the region and ongoing.
Interfor Corporation reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was CAD 3,315.7 million compared to CAD 4,584 million a year.