Canfor Corporation is an integrated forest products company based in Vancouver, British Columbia.
The company traces its roots to the late 1930s, when brothers-in-law John G. Prentice and L.L.G. “Poldi” Bentley (surname changed from Bloch-Bauer of the famous Bloch-Bauer family of Vienna, Austria) and their families left their native Austria just before the outbreak of World War II.
They settled in Vancouver and built a small mill that was the beginning of the more than 75-year-old company.
In 2006, the company was subject to a proxy fight between billionaires Jim Pattison and Stephen A. Jarislowsky, who owned 30% and 18% of the firm’s shares, respectively. Pattison won and ousted CEO Jim Shepherd over Canfor’s poor performance and declining share price, which saw Jim Pattison appointed as interim CEO.
Traded as: TSX: CFP; S&P/TSX Composite Component
Industry: Forest Products
Founded: Vancouver, British Columbia, Canada
Headquarters: Vancouver, British Columbia, Canada
Products: Forest products
Website: www.canfor.com
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