Canfor Corporation completed its acquisition of PinkWood Ltd., an I-joist facility based in Calgary, Alberta. PinkWood is Western Canada’s largest I-joist facility, and the deal complements Canfor’s operations in Alberta and British Columbia, Canfor Corporation announced.

The acquisition was first announced on June 9, 2026. PinkWood will retain its name and operate as a wholly owned subsidiary of Canfor.

The operation adds 120 employees and 46 million linear feet of annual I-joist production capacity. Canfor manufactures forest products including lumber, engineered wood products, pulp and paper, wood pellets and green energy.