Tolko announces temporary sawmill curtailment


Tolko announces temporary sawmill curtailment

January 10, 2008—Today Tolko notified employees of its plan to take a temporary, two-week curtailment at the Manitoba Solid Wood Division between January 28 and February 8.

“High log costs, the continued weakening of market conditions, and difficulty managing within the softwood lumber agreement’s quota restrictions are the three main factors which led to this decision,” says Dave Neufeld, Plant Manager.

This market-related downtime will affect 110 employees and 6.5 million board feet of production.

The division expects to return to operation on February 11.

Tolko Industries Ltd. is a private, Canadian-owned forest products company based in Vernon, British Columbia with over 3,800 employees. Tolko is a major producer and marketer of lumber, veneer, plywood, oriented strand board, and kraft papers, with manufacturing operations across Western Canada. The Company’s Woodlands operations have received third-party certification of their sustainable forest management systems.

Dave Neufeld Manitoba Solid Wood Division Plant Manager