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The latest announcement is out from Interfor ( (TSE:IFP) ).
Interfor has completed the divestiture of its Québec operations, including sawmills in Val-d’Or and Matagami and a remanufacturing plant in Val-d’Or, to Les Chantiers de Chibougamau Ltée. This strategic move is likely to impact Interfor’s operational focus and market positioning, potentially allowing the company to streamline its operations and concentrate resources on other strategic areas. Stakeholders may experience changes in the company’s market strategy and product distribution as a result.
More about Interfor
Interfor is a growth-oriented forest products company operating in Canada and the United States. It has an annual lumber production capacity of approximately 4.7 billion board feet and offers a diverse line of lumber products globally.
YTD Price Performance: -2.76%
Average Trading Volume: 12,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $594.1M
Learn more about IFP stock on TipRanks’ Stock Analysis page.
