financetom
Business
financetom
/
Business
/
Interfor To Curtail Lumber Production Across North America
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Interfor To Curtail Lumber Production Across North America
Sep 4, 2025 6:51 AM

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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TransAct Technologies Expands BOHA! Platform With New Foodservice Customer Rollout
TransAct Technologies Expands BOHA! Platform With New Foodservice Customer Rollout
May 26, 2025
05:53 PM EDT, 05/20/2025 (MT Newswires) -- TransAct Technologies ( TACT ) said late Tuesday that a new contract foodservice customer has adopted its BOHA! platform across 55 locations. The deployment includes BOHA! Temp and BOHA! Checklist software to improve labor efficiency and ensure consistent daily operations. Additionally, 21 sites are using BOHA! Sense for real-time equipment monitoring, and several...
Texas Instruments Prices $1.2 Billion Notes Offering
Texas Instruments Prices $1.2 Billion Notes Offering
May 26, 2025
05:56 PM EDT, 05/20/2025 (MT Newswires) -- Texas Instruments ( TXN ) said late Tuesday that it has priced its offering of $550 million of 4.500% senior unsecured notes due May 23, 2030. The company said it also priced $650 million of 5.100% senior unsecured notes due May 23, 2035. Texas said it plans to use the proceeds for general...
KindlyMD Shareholders Approve Proposed Merger With Bitcoin Treasury Company
KindlyMD Shareholders Approve Proposed Merger With Bitcoin Treasury Company
May 26, 2025
05:56 PM EDT, 05/20/2025 (MT Newswires) -- KindlyMD (KDLY) said late Tuesday the majority of the shareholders approved a proposed merger with Nakamoto Holdings, a Bitcoin treasury company. The companies will file an information statement with the US Securities and Exchange Commission, according to a statement. The deal is expected to close 20 days following the date when the companies...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved