Interfor posts quarterly loss of $3.4 million - plans to reopen Castlegar

Interfor Forest Products Ltd. may reopen its Castlegar mill on a reduced basis as early as July because of the increases in lumber pricing and demand.

Interfor posted a net quarterly loss of $3.4 million in its first quarter, compared to a loss of $13.6 million in its first quarter last year.

Interfor's revenue totalled $139.9 million, up sharply from $77.3 million.

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Interfor to reopen Castlegar mill as lumber pricing and demand pick up (Winnipeg Free Press)