Canfor, the Vancouver-based forest products supplier, has announced it is permanently closing a panel and fiber mill located in New Westminster, B.C., effective Jan. 8, 2008, after fiber inventories were used and mill equipment decommissioned.

The mill employs 126 people and makes specialty products, including hardboard panels, erosion control wood mulch and baled fiber.

Canfor has interests in 33 facilities in B.C., Alberta, Quebec, Washington state, and North and South Carolina. It produces softwood lumber in Canada and oriented strand board (OSB), plywood, remanufactured lumber products and specialized wood products.