"The suspension of operations is related to the current low-selling prices of stud lumber, combined with the high cost of wood supply. While this is difficult for our employees, contractors and the communities affected, this decision is necessary to minimize losses," said James Lopez, Tembec's President and CEO. "We continue to carefully assess the evolution of market conditions and to work with the Government of Québec to find solutions to the high cost of fiber."
Tembec is a manufacturer of forest products – lumber, pulp, paper and specialty cellulose – and a global leader in sustainable forest management practices.