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Canfor Corp. will invest $160 million to build a new state-of-the-art sawmill near DeRidder, La.
The facility will have an annual production capacity of 250 million bd. ft. on a two-shift basis and will directly employ about 130.
Expected to start up late in the third quarter of 2022, it will have manufacturing capacity and flexibility to produce a wide variety of high-value wood products.