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May 27, 2019
Tolko announces downtime at Armstrong and Soda Creek lumber operations, citing high log costs, weak market conditions
Tolko Industries announced 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 today and local HR representatives are available to assist them with any questions they may ...
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B.C. logging companies diversifying products amid high fibre costs, oversupply and low lumber pricesCompanies in the timber industry / Daily News / Global Trends / Market Analysis / Wood Industry Prices / Forestry / Lumber / Price analysis and info / Sawmilling / Wood construction / Wood Products / Global / North America