| Tolko Announces Additional Sawmill Shift Curtailments |
|
|
 Print
|
Vernon, British Columbia, Canada, 17 September 2007 -- Today Tolko Industries Ltd. announced its Kelowna Division will take downtime from 09 to 19 October and its Lavington Division will reduce its sawmill operation by one shift between 01 and 12 October.
These curtailments follow a number of rotating curtailments undertaken by several of Tolko’s operations in British Columbia this summer.
“The continued decline in U.S. housing starts, high transportation costs, the rising Canadian dollar, and the resulting drop in lumber prices requires us to take these extra measures to control our costs,” says Jim Baskerville, regional manager, Okanagan operations. “We will continue to monitor all our operations for economic viability.”
About 50 employees will be affected by the two-week curtailment of the Kelowna sawmill.
The one-shift curtailment at Tolko’s Lavington Division, located near Vernon, British Columbia, will affect approximately 20 employees.
|
|
|
|
| |
Related Articles:
|
