Tolko to close BC operations for two weeks over the holidays
Following a thorough examination of all contributing factors including log costs, market conditions, and cumulative policy burden, Tolko announced yesterday that its B.C. operations will be taking two weeks’ downtime from Dec. 21-Jan. 6 during the holiday season. The last day of production will be Dec. 20. In addition, Tolko’s Vernon office will be closed the week of December 23-27. Staffing levels at all B.C. operations will be restricted to essential services during this period.
Vice-president, solid wood, Troy Connolly says this downtime is a result of low prices and high log costs in B.C.
“This downtime will reduce output by approximately 21 mmfbm of lumber production and 10 mmsft of panel production”, says Connolly.
Pino Pucci, vice-president, Tolko marketing and sales continued to assure 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.”