March 18, 2020 / 10:43 PM / 15 days ago

BRIEF-Interfor Announces Initiatives To Address Prevailing Covid-19 Environment

March 18 (Reuters) - Interfor Corp:

* INTERFOR ANNOUNCES INITIATIVES TO ADDRESS PREVAILING COVID-19 ENVIRONMENT

* INTERFOR CORP - 2020 CAPITAL EXPENDITURES ARE EXPECTED TO BE APPROXIMATELY $100 MILLION

* INTERFOR CORP - 2021 CAPITAL EXPENDITURES ARE EXPECTED TO BE SUBSTANTIALLY BELOW $100 MILLION

* INTERFOR CORP - WILL TEMPORARILY REDUCE PRODUCTION ACROSS ITS OPERATIONS IN BRITISH COLUMBIA, PACIFIC NORTHWEST AND US SOUTH

* INTERFOR - CURTAILMENTS EXPECTED TO REDUCE PRODUCTION BY ABOUT 35 MILLION BOARD FEET/WEEK, WHICH REPRESENTS ABOUT 60% OF PRODUCTION CAPACITY

* INTERFOR CORP - CURTAILMENTS WILL INITIALLY BE FOR A TWO-WEEK PERIOD Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below