Canfor’s CEO Don Kayne to Participate in AFA Annual Meeting

kayneThe Alabama Forestry Association’s Annual Meeting is scheduled for September 13-15, 2015 at the Perdido Beach Resort in Orange Beach, Alabama. Building on recent success, preliminary plans are underway to make this year’s meeting another can’t miss moment.

We are pleased to announce that Don Kayne, Chief Executive Officer of Canfor Corporation and Canfor Pulp, has agreed to participate on the Monday CEO Panel. The Monday panel will focus on national leaders; their views toward the future of the timber industry and their commitment to ethics and business integrity within their corporate governance structure.

Mr. Kayne was appointed President and Chief Executive Officer of Canfor Corporation on May 5, 2011. He was additionally appointed Chief Executive Officer of Canfor Pulp Products Incorporated on September 30, 2012.

Don has spent his entire career at Canfor, starting out as a regional sales representative in 1979. Prior to being appointed CEO, Don spent 10 years as Canfor’s Vice President of Sales and Marketing, and is one of the lead architects of the market for British Columbia lumber in China. Don’s work growing markets for Canfor products around the world has provided him with deep connections to markets and customers in every region Canfor serves.

Don is currently a Director and Past Chairman of the Forest Products Association of Canada, Council of Forest Industries, Alberta Forest Products Association and the BC Lumber Trade Council. In 2014, Don was appointed to the bi-national Softwood Lumber Board and currently serves as Vice Chairman and Chairman of the Programs Committee. He is also Chairman of the charitable organization Educating Girls of Rural China Foundation, which works to transform the lives of women and communities in rural areas of western China by providing access to education.

Canfor recently made the headlines in Alabama through its acquisition of Scotch & Gulf Lumber, LLC of Mobile in 2013. Headquartered in Mobile, Alabama, Scotch Gulf’s primary operations consist of three sawmills in Mobile, Fulton and Jackson, Alabama, producing Southern Pine dimension lumber products.

With origins dating back 125 years, Scotch Gulf is one of the premier Southern Yellow Pine producers in the southern U.S. Reflecting planned near-term capital investments; the operation has a combined production capacity of 440 million board feet.

In a press release announcing the acquisition, Don Kayne said, “This agreement provides access to an exceptional fibre base, increases our Southern Pine production capacity to more than a billion board feet and will improve our ability to serve our valued US customers. Scotch Gulf’s values and approach to the market are closely aligned with those of Canfor, and we are extremely pleased to have been given this opportunity to work with the Scotch Gulf management team to integrate that company’s operating assets and extensive history with our broader North American operations.”

Current AFA Board Chairman Fred Stimpson, formerly head of Scotch Gulf is now the President of Canfor’s U.S. South Operations.

Canadian Forest Products Ltd. (Canfor) is a leading Canadian integrated forest products company based in Vancouver, British Columbia (BC), involved primarily in the lumber business, with production facilities in Canada (British Columbia and Alberta) and the United States (North Carolina, South Carolina, Alabama, Georgia and Mississippi) and forest operations in British Columbia and Alberta.

Canfor Corporation holds a 50.5% interest in Canfor Pulp Products Inc. (Canfor Pulp), which is based in Vancouver, BC, and is a leading global producer of pulp, paper and green energy. Canfor Pulp owns and operates three pulp mills in Prince George, BC, which are among the lowest-cost NBSK pulp producers in Canada. Canfor sold a chemi-thermo-mechanical facility in Taylor, BC, to Canfor Pulp in early 2015.

Canfor Pulp’s three mills in Prince George have a production capacity of more than one million tonnes of northern softwood market kraft pulp, 90% of which is bleached to become northern bleached softwood kraft (NBSK) pulp. It is the world’s fourth-largest producer of market NBSK. Its facility in Taylor has an annual capacity of 220,000 tonnes of bleached chemi-thermo-mechanical pulp.

Canfor Pulp’s specialty paper group produces about 140,000 tonnes of kraft paper from a forest resource with high-strength, fine northern fibres that bond better than almost any other fibres in the world. We have bleached, unbleached and coloured grades.

At the end of December 2014, Canfor Corporation directly employed 5,313 people. This does not include employees who will join the company upon the close of announced acquisitions.

Canfor’s lumber operations have a current annual production capacity of approximately 5.6 billion board feet of lumber. This includes 100% of the volume of three companies being acquired through phased acquisitions – Scotch Gulf Lumber, Beadles Lumber Company and Balfour Lumber Company. It does not include volume from the acquisition of Southern Lumber Company, which is expected to close in early 2015.

Leave a Reply

Your email address will not be published. Required fields are marked *