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Canfor Acquires I-Joist Facility In Calgary

The acquisition adds 120 employees and 46 million linear feet of annual capacity as Canfor expands value-added manufacturing in Western Canada.

Summary by Wood Business
Canfor Corporation has announced that it has entered into an agreement with PinkWood Ltd. to purchase its I-joist business for $68 million, including working capital. Founded in 2009, PinkWood is the largest I-joist facility in Western Canada, producing engineered wood joists for residential, multi-family, and commercial construction. Located in Calgary, AB, PinkWood has 120 employees, with production capacity of 46 million linear feet. The purc…

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The Hamilton Spectator broke the news in Hamilton, Canada on Tuesday, June 9, 2026.
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