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B.C. forestry firm Canfor Pulp will shut the pulp line on the Prince George Pulp and Paper Mill, resulting in the lack of 300 jobs.

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On Wednesday night, the corporate acknowledged it was “right-sizing” its “working footprint” by completely closing the pulp line.

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It will result in 300 misplaced jobs and a discount of 280,000 tonnes of market kraft pulp yearly, with a deliberate deadline of March 2023.

The specialty paper facility on the website will proceed to function.

“In recent times, a number of sawmills have completely closed within the Prince George area because of reductions within the allowable annual minimize and challenges accessing cost-competitive fibre,” Canfor Pulp president Kevin Edgson stated in an announcement.

“This has had a cloth influence on the provision of residual fibre for our pulp amenities and we have to right-size our working platform. Because of this, now we have made the very tough choice to close down the pulp line at Prince George Pulp and Paper Mill.”

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Final week, Canfor stated it was extending sawmill curtailments in B.C. because of what it stated had been continued weak market situations and a scarcity of wooden.

The Vancouver-headquartered firm stated final month it will implement curtailments, starting from one to 4 weeks throughout its Canadian operations.

Canfor operates 4 mills in Prince George.

In the meantime on Wednesday, Interfor Corp. stated it will cut back lumber manufacturing by at the very least eight per cent of capability within the first quarter as market uncertainty impacts demand.

The Burnaby-based forestry firm stated the transfer quantities to at the very least 100 million board toes.

It stated it expects to renew its regular manufacturing schedule beginning in April however will monitor market situations and modify plans accordingly.

— with information from Canadian Press

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