Canfor Corp - Company Profile
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Canfor Corp (Canfor) is an agriculture and forestry company, which carries out supply of forest products. The company produces wood pellets, softwood lumber and wood chips. It also produces remanufactured and finger-jointed lumber products and specialized wood products, spruce pine fir (SPF), specialty lumber and engineered wood products. The company also supplies green softwood fibre and produces paper and pulp products, which it accomplishes through its subsidiary, Canfor Pulp Products Inc (CPPI). Canfor has lumber production facilities in British Columbia, Alberta, Ontario in Canada and the US. The company operates sales offices in Canada, the US, Japan, China and South Korea. Canfor is headquartered in Vancouver, British Columbia, Canada.
Headquarters
Canada
Address
#100-1700 West 75th Avenue, Vancouver, British Columbia, V6P6G2
Website
www.canfor.com
Telephone
1 604 6615241
No of Employees
7,580
Industry
Agriculture and Forestry
Ticker Symbol & Exchange
CFP (TSE)
Revenue (2022)
$4.0B
-26.9%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-141.4%
(2022 vs 2021)
Market Cap*
$1.2B
Net Profit Margin (2022)
XYZ
-156.7%
(2022 vs 2021)
* As of and is in US$
Canfor Corp premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Lumber: | Canfor |
| Eastern SPF Dimension Lumber | |
| Western SPF Dimension Lumber | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In September, the company plans to invest around CAD$200 million to build a manufacturing facility in Houston, British Columbia, Canada. |
| 2022 | Contracts/Agreements | In August, the company announced to partner with BID Group to deliver a new state-of-the-art sawmill complex in southern Alabama. |
| 2022 | Plans/Strategy | In July, the company announced its plans to invest US$210 million to build a new, state-of-the-art sawmill complex in southern Alabama, the US. |
Competitor Comparison
| Key Parameters | Canfor Corp | Smurfit Kappa Group Plc | Weyerhaeuser Co | West Fraser Timber Co Ltd | Interfor Corp |
|---|---|---|---|---|---|
| Headquarters | Canada | Ireland | United States of America | Canada | Canada |
| City | Vancouver | Dublin | Seattle | Vancouver | Burnaby |
| State/Province | British Columbia | - | Washington | British Columbia | British Columbia |
| No. of Employees | 7,580 | 47,000 | 9,318 | 10,800 | 3,562 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Don Kayne | Chief Executive Officer; President | Senior Management | 2011 | - |
| David Calabrigo | Senior Vice President - Corporate Development, Legal Affairs; Secretary | Senior Management | 2011 | - |
| Katy Player | Senior Vice President - People | Senior Management | 2021 | - |
| Kevin Pankratz | Senior Vice President - Sales and Marketing | Senior Management | 2018 | - |
| Mans Johansson | Chief Executive Officer - Vida Group | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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