09:17 AM EDT, 09/04/2025 (MT Newswires) -- Interfor ( IFSPF ) , trading at the low end of its 52-week range, Thursday announced its plans to cut its lumber production by about 145-million board feet between September and December, representing about 12% of its normal operating stance, in response to persistently weak market conditions and ongoing economic uncertainty.
The company said the temporary curtailments are expected to impact all of its operating regions, with both the Canadian and the U.S. operations expected to reduce their production levels by about 12% each. The curtailments will be done through a combination of reduced operating hours, prolonged holiday breaks, reconfigured shifting schedules and extended maintenance shut-downs.
Shares of the company closed up 1.5% to $12.67 on Wednesday on the Toronto Stock Exchange.