Shortage of railway cars poses layoff risk at big Regina steel mill
REGINA - Problems in getting enough rail cars to transport pipe have led to precautionary layoff notices for more than 400 workers at the Evraz North America steel mill in Regina.
The notices went out earlier this week to employees in the company's tubular steel division.
The division employs 510 people.
The layoffs could take effect Jan. 20, but the company says it hopes they won't be necessary.
Melodie Ruse, a company spokesperson, says in an emailed statement that the plant is overstocked with pipe due to logistical transportation problems at both Canadian Pacific (TSX:CP) and Canadian National (TSX:CNR) railways.
Ruse says Evraz is optimistic production will continue, but the notices had to be issued under terms of its collective bargaining agreement with the workers. (CJME)
Read more Business News
- Family condemns RCMP BC
- Child pornography sentencePenticton / S. Okanagan
- Bobbitt hearing continuesPenticton / S. Okanagan
- Inquest into teen's Mill deathVernon / N. Okanagan
|QHR Technologies Inc||1.12||+0.01|
|Anavex Life Sciences||0.191||+0.001|
|Copper Mountain Mining||1.99||+0.05|
|Sunrise Resources Ltd||0.06||0.00|
|Mission Ready Services||0.45||0.00|
This time of year, I always worry about which friends of mine will get caught going off the road in adverse weather conditions. With a little preparation most accidents can be avoided. Having won the...
Photo: Thinkstock.comThe end of record-low rates is nigh, according to one major bank, which has taken a stance and predicted when the Bank of Canada will raise its long-standing overnight rate. &ldq...
The third week in October is “Small Business Week”, a week dedicated to supporting local, small businesses. The week was designed to bring awareness to Canadians about the role small busin...