Tolko announces permanently closure of its Kelowna mill

Tolko announces permanently closure of its Kelowna mill

Tolko Industries says it will permanently close its Kelowna mill on Jan. 8, after it was indefinetely curtailed in September. 

CEO Brad Thorlakson says wherever possible, employees will be offered positions at other Tolko locations that have vacancies.

The company cited log costs, market conditions and other factors for its decision.

The mill has been operating for nearly 80 years.

The company says it wants to assure customers that Tolko’s marketing and sales team will continue to support them.

In September, Tolko announced that it is implementing a flexible operating footprint at its Soda Creek and Armstrong stud lumber mills, which will reduce the company’s operating stud capacity by 20%.

Keywords

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *