Following a thorough examination of all contributing factors including log costs, market conditions, and cumulative policy burden, Tolko announced that its British Columbia (BC) operations in Canada will be taking two weeks’ downtime from December 21 – January 6 during the holiday season. The last day of production will be December 20.
In addition, Tolko’s Vernon Office will be closed the week of December 23 – 27. Staffing levels at all BC 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 BC. “This downtime will reduce output by approximately 21 Mmfbm of lumber production and 10 mmsft of panel production”, says Connolly.
Tolko is a leading manufacturer of a wide range of forest products, including lumber, plywood, veneer, oriented strand board, co-products, biomass power, and a growing number of specialty wood products.
