Creekside to remain closed: Tolko
Following an extensive operational review of mills in the Williams Lake area, Tolko Industries Ltd. announced today that it does not foresee a reasonable opportunity to reopen its Creekside mill. Operations at the Lakeview and Soda Creek mills will not be affected.
By John Tenpenny
“The decision not to reopen the mill was not an easy one to make,” Mike Harkies, Vice President of Solid Wood told Welcome to Williams Lake. “When we curtailed operations at the mill indefinitely in 2009, we had expected that lumber markets would rebound within a year or two. However, US housing starts are still less than half of what they were before the recession and, while demand from China has helped to keep our other mills open and U.S. housing starts are slowly improving, lumber demand has still not recovered to a point that will enable all mills to operate viably.”
Click here to read the full article.