Canfor Corporation is embarking on a C$145m capital spending plan for its lumber businesses.
Directors gave the go ahead for the investment before Christmas, announcing that C$120m will be earmarked for improvement projects to sawmilling facilities and the rest for maintenance.
The programme is part of a three-year C$300m sawmill improvement strategic plan.
Canfor has operations in British Columbia, Alberta, Quebec, Washington state and North and South Carolina.
