September 12, 2015
Tolko cuts sawmill production due to low Chinese demand
Tolko Industries Ltd. decided to reduce the operating footprint of their Quest Wood lumber mill, due to continued market challenges in China,. The mill, located in Quesnel B.C., employs 224 people and currently produces 200 million board feet of product annually. Larry Broadfoot, General Manager, Lumber, Plywood Sales & Marketing said the reduction is necessary in current market conditions: “Lumber market prices and volume demand for our products, particularly in China, have declined to a point where it is now necessary to reduce the operating footprint of the mill in order to remain competitive and ...
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