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User:Jrmorehouse/Internation forest products

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International Forest Products Limited (Interfor) is one of the Pacific Northwests largest producers of wood products. The company’s sawmilling operations have a combined manufacturing capacity of 1.6 billion board feet of lumber with sales to North America, Asia-Pacific and Europe. Interfor is based in Vancouver, BC, and provides employment to approximately 3000 people. The company is publicly traded on the TSX (TSE:IFP.A .)1

History

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  • 1930s began with a sawmill in Whonnock, BC.
  • 1963 incorporated as Yorkston Lumber Co.
  • 1963 name changed to Whonnock Lumber Co.
  • 1967 converted to a public company.
  • 1967 name changed to Whonnock Industries.
  • 1979 Sauder Industries acquired a controlling interest in Interfor (since transferred to the Sauder family's Mountclair Investment Corporation holding company).
  • 1988 name changed to International Forest Products Ltd.2

Corporate Structure

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  • Duncan K. Davies-President (CEO)
  • John A. Horning-Senior VP (CFO)
  • Sandy M. Fulton-Senior VP
  • James E. McMillan-Director
  • E. Lawrence Sauder-Chair
  • Otto F. Schulte-Vice President Coastal Woodlands
  • Richard J. Slaco-Vice President
  • John P. Sullivan-Director
  • Stephen D. A. Williams-Vice President (3)

Products

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Interfor produces lumber for residential, commercial and industrial applications. The Company also specializes in products manufactured from Douglas Fir and Hemlock used for millwork, doors, windows, treated products, Japanese house components and bridge timbers. Interfor utilizes five species of wood in its products-Western Hemlock, Western Red Cedar, Douglas fir, Ponderosa pine and Lodgepole pine.

Sawmills: Interfor has sawmills in British Columbia (BC), Washington and Oregon. In BC this includes two sawmills (Acorn and Hammond) on the Coast; two sawmills in the Kootenay region (Grand Forks and Castlegar); and one sawmill in the Southern Interior region near Kamloops (Adams Lake). In the U.S. the company operates two sawmills and a remanufacturing plant in Washington (Port Angeles, Beaver and Cedarprime). There are also two sawmills in Oregon (Molalla and Gilchrist). 5

Environmental Initiatives

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Interfor is a leader in employing new sustainable forestry practices. The Company’s operations are committed to meeting the high environmental standards through the application of science-based principles, collaborative approaches, sustainable forest practices and independent certifications. Interfor received an international award in 2009 from the Sustainable Forestry Initiative® (SFI®) for its involvement in an innovative approach to forestry called Ecosystem Based Management in Coastal BC. Interfor has also, in collaboration with other companies, joined the Coast Forest Conservation Initiative promoting sustainable forest harvesting practices in area known as the Great Bear Rainforest on Vancouver Island.

Financials:

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With a strong balance sheet and renewed credit agreements, Interfor is well-positioned to withstand further market uncertainty and to take advantage of opportunities that are expected to arise in the next future. In particular, increased demand from China and other offshore markets, along with on-going production curtailments, have contributed to improved demand/supply balances and higher prices on most commodity items. Total Sales ($CDN):  $50,000,000 +   Export Sales ($CDN): $50,000,000+.

References

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1- Interfor website. Corporate profile. Retrieved September 27, 2010 from http://www.interfor.com/interfor/profile/overview/html

2- Draffan, G. Interfor profile. Endgame online. Retrieved October 4, 2010 from http://www.endgame.org/interfor/html

3- FPinfomart: Interfor corporate structure. Retrieved October 1, 2010 from http://www.FPinfomart.ca/interfor/html

4- Industry Canada. Recommendations for Establishing Measurement Canada’s Level of Intervention in the Forestry Trade Sector Review - Final Report. Retrieved October 5, 2010 from http://www.ic.gc.ca/eic/site/mc-mc.nsf/eng/lm00308.html

5- Interfor website. Corporate profile. Retrieved September 27, 2010 from http://www.interfor.com/interfor/profile/overview/html

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