Millar Western to shut down Boyle lumber operation
November 20, 2015 - Millar Western announced it will be shutting down its Boyle, Alta. lumber operation indefinitely and has issued severance notices to operation employees.
The company cited current market conditions and the mill's cost structure as uneconomical to continue to operate the facility at this time. The operation will undergo a phased shutdown, with the wind-down of site activities to start in December and be completed in February 2016.
Boyle employees have been advised of the shutdown timing and are being provided with information about the severance compensation and other support they will receive.
"We recognize the impact this closure will have on our people, whose dedicated service has been very highly valued, as well as on our contractors, suppliers and the community of Boyle, whose support over the years has been greatly appreciated," said president and CEO Craig Armstrong.
Millar Western will monitor market conditions and review the Boyle facility's future operation as circumstances warrant. The company's Whitecourt and Fox Creek operations will continue to operate at full capacity.
November 20, 2015 By Andrew Snook
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