Terrace Bay Pulp closing for a month
Oct 30, 2008. /Lesprom.com/. Terrace Bay Pulp, resurrected by Buchanan Forest Products two years ago, is the latest plant to announce layoffs in a depressed market. About 425 workers at the plant are expected to be laid off for a month beginning November 9.
Oct 30, 2008. /Lesprom.com/. Terrace Bay Pulp, resurrected by Buchanan Forest Products two years ago, is the latest plant to announce layoffs in a depressed market, Canadian Press reported.
About 425 workers at the plant on the north shore of Lake Superior are expected to be laid off for a month beginning November 9. Terrace Bay Mayor Mike King says it's “bad timing, just before Christmas,” but a response to global economic conditions.
The decision comes a week after Thunder Bay's AbitibiBowater pulp and newsprint operation announced a similar two-week shutdown. The AbitibiBowater layoff, which affects up to 600 people, also takes effect November 9.