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Market woes impact Tolko

Tolko Industries said Thursday that its Armstrong and Soda Creek lumber operations would take downtime during the weeks of May 27 and June 3.

"High log costs and weak market conditions continue to impact our lumber operating footprint in British Columbia,” says Vice President of Solid Wood, Troy Connolly. "While we prefer to remain operational, we must manage the business responsibly and ensure we are sustainable for the long run."

Connolly says employees were informed of the decision earlier Thursday and HR reps are available to assist them with any questions they may have.   

"We do not make these decisions lightly," says Connolly. "We know we have great people working at these operations and this is in no way a reflection on them or their commitment. However, industry conditions in B.C. are challenging right now and could be for some time."

It's the latest in a series of moves reacting to changing market conditions.

On May 10, Tolko announced a fibre shortage forced the permanent closure of Tolko's Quesnel sawmill and a shift reduction at its Kelowna operation.

The Quest Wood sawmill in Quesnel will be permanently shuttered, and Tolko's Kelowna mill will see a reduction from two shifts to one.



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