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Kelowna  

Indefinite shutdown at Tolko

B.C.’s troubled forest industry has delivered another blow to the Okanagan.

Tolko’s Kelowna mill, which had been in the midst of a temporary shutdown, announced this afternoon that it is curtailing production indefinitely.

“This decision was not easy for us to make,” Tolko solid wood vice-president Troy Connolly said in a press release.

“We are very disappointed to be in a position where we have to curtail the mill, particularly given the reasons for this extension are beyond our control. However, with lumber market prices at sustained low levels and high log costs in B.C., the mill cannot be cost-competitive.”

For more on this story, visit Okanagan Edge.



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