VANCOUVER, Feb. 22, 2018 /CNW/ - Canfor Corporation
(TSX:CFP) has been advised today by the contractor selected to
build the greenfield mill in Washington, Georgia of a potential previous commitment
that may prevent their construction of the facility.
The Company is working to rectify the situation but may
encounter delays relative to the construction schedule provided in
yesterday's news release.
Forward Looking Statements
Certain statements in this press release constitute
"forward-looking statements" which involve known and unknown risks,
uncertainties and other factors that may cause actual results to be
materially different from any future results, performance or
achievements expressed or implied by such statements. Words such as
"expects", "anticipates", "projects", "intends", "plans", "will",
"believes", "seeks", "estimates", "should", "may", "could", and
variations of such words and similar expressions are intended to
identify such forward-looking statements. These statements are
based on management's current expectations and beliefs and actual
events or results may differ materially. There are many factors
that could cause such actual events or results expressed or implied
by such forward-looking statements to differ materially from any
future results expressed or implied by such statements.
Forward-looking statements are based on current expectations and
Canfor assumes no obligation to update such information to reflect
later events or developments, except as required by law.
Canfor is a leading integrated forest products company based
in Vancouver, British Columbia
("BC") with interests in BC, Alberta, North and South Carolina, Alabama, Georgia, Mississippi and Arkansas. Canfor produces primarily softwood
lumber and also owns a 54.8% interest in Canfor Pulp Products Inc.,
which is one of the largest global producers of market northern
bleached softwood kraft pulp and a leading producer of high
performance kraft paper. Canfor shares are traded on The Toronto
Stock Exchange under the symbol CFP.
SOURCE Canfor Corporation