Canfor closes Tackama plywood plant indefinitely
Oct 8, 2008 | In Mill Closures & Layoffs | 1 feedback »
Canfor has decided to close its Tackama plywood plant in Fort Nelson, British Columbia.
The plant will close once the existing log and veneer inventories are depleted, most likely before the end of October.
Canfor blames the indefinite closure on the continued poor demand and low prices for plywood across North America. The plant has an annual capacity of 220 million square feet (3/8" basis) of plywood.
"This difficult decision is in no way a reflection on the good efforts and performance of our employees at the Tackama site who have continued to make operational and cost improvements throughout these unprecedented and challenging market conditions and we would like to thank them for their efforts," said Jim Shepard, Canfor's President and CEO.
290 employees will be affected by this closure.
The Tackama plywood plant was originally set for closure by Canfor in January 2008, but the workers, the union and the company came to an agreement that saw the workers take a 10% roll back in wages in order to keep the plant running.
United Steelworkers Union Local 1-424 President, Frank Everitt says the news is very disappointing. “Everyone in Ft. Nelson put their heart and soul into making that mill a viable operation,” he said.
Sources:
Tackama Plant in Ft Nelson To Close (Opinion 250)
Canfor Announces the Indefinite Closure of Its Tackama Plywood Operation (Canfor Press Release)
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