VANCOUVER—Vancouver-based forest products firm Canfor Corp. is set to build a new sawmill in Washington, Georgia.
The mill will cost approximately US$120 million and have a production capacity of 275 million board feet, and it will produce high-value specialty lumber products.
Located near the firm’s existing facility in Washington, and the larger population centers in Athens and Augusta, Ga., Canfor says its new mill will be able to draw on a strong and skilled employee base.
Construction will start in the second quarter of 2018, with the official start-up projected for the third quarter of 2019.
“This new mill supports our growth strategy and will provide strong economic returns over the cycle,” said Canfor’s president and CEO, Don Kayne. “We are pleased to expand our presence in the community of Washington and look forward to providing additional high value products to our global customers”.