Market weakness blamed for week-long shutdown at Tolko's Armstrong mill | iNFOnews | Thompson-Okanagan's News Source
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Market weakness blamed for week-long shutdown at Tolko's Armstrong mill

A small fire at the Tolko Industries mill in Armstrong was quickly put out, Monday, March 30, 2015.
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ARMSTRONG - Tolko's Armstrong and Soda Creek lumber mills are set to close for a week due to poor market conditions.

"High log costs and weak market conditions continue to impact our lumber operating footprint in British Columbia,” Troy Connolly, vice president of solid wood, said in a media release.

“While we prefer to remain operational, we must manage the business responsibly and ensure we are sustainable for the long run."

The release says employees were informed of the decision to close from May 27 to June 3 earlier today, May 23.

"We do not make these decisions lightly,” Connolly said. "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."

Early this month the company announced the permanent closure of its sawmill in Quesnel in August and that it would be reducing the shifts by half at its Kelowna mill in July.


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