NorSask will be transitioning, on a temporary basis, to single-shift production by early April 2020. As soon as April 2020, NorSask cannot continue producing large amounts of lumber that it cannot sell into the United States housing market.
NorSask’s primary lumber market is the United States. The virus is causing so much economic turmoil that the buyers in the United States that normally buy NorSask lumber are now ‘sitting on the sidelines’ not purchasing its lumber. The US lumber market has ‘dried up’ by as much as 50%.
NorSask Forest Products is owned by the Meadow Lake Tribal Council (MLTC) and operates in Meadow Lake, Saskatchewan.