Canfor Invests $96 Million to Modernize Iron Mountain Sawmill in El Dorado, Arkansas

Canfor Southern Pine announced on October 27, 2026 an investment of approximately $96 million to modernize its Iron Mountain sawmill in El Dorado, Arkansas. The project is expected to create 75 jobs in Union County.

Doubling lumber capacity

The investment covers modernization of the existing sawmill and log yard operations, along with a new shipping transload facility. The upgrade will more than double the mill’s annual lumber production capacity to approximately 220 million board feet. Canfor Southern Pine is part of Canada-based Canfor Corporation and has invested more than $400 million in Union County since 2015.

Lee Goodloe, President of Canfor Southern Pine said:

“This investment marks an important step in strengthening our Iron Mountain operation and our broader regional hub in Arkansas. By modernizing the facility and expanding its capacity, we’re building a more integrated manufacturing network that allows us to operate more efficiently and deliver greater value to our customers.”

State reaction

Clint O’Neal, Executive Director of the Arkansas Economic Development Commission said:

“Canfor Southern Pine has been a valued part of our state’s timber industry, and we are proud that the company is growing in Union County.”