Vernon, B.C. — Today, Tolko Industries announced that as of January 2, 2023, its Soda Creek and Armstrong Lumber operations will take additional downtime for the month of January. The downtime will be evaluated at the end of the month to determine next steps.
“A lack of available economic fibre and weak markets are impacting our operating footprint in the province,” says Troy Connolly, Vice President of Solid Wood. “While our goal is to ensure consistency and stability for all of our operations, the steep decline in lumber demand and upward cost pressures in the province make the decision necessary.”
These temporary curtailments will reduce production by approximately 35 million board feet of stud lumber.
“This downtime will affect over 350 of our employees in these operations. We do not make these decisions without a lot of consideration,” says Connolly. “We have an extremely committed workforce at these locations whose families and communities rely on Tolko. We will continue to support our employees during this challenging time.”
Pino Pucci, Vice President, Tolko Marketing and Sales, assures customers that Tolko’s Marketing and Sales team “will continue to support our customers and do our best to minimize any impacts. Our customers are understanding of current market conditions and aware of our ongoing commitment to serve them.”
For more information, contact:
Chris Downey, Communications Advisor
Tolko Industries Ltd.
M: (250) 306-0929