As a result of poor market conditions, Weyerhaeuser Co. Ltd. will shut down five Crown timberlands operations and f…
As a result of poor market conditions, Weyerhaeuser Co. Ltd. will shut down five Crown timberlands operations and five sawmills, all on the coast of British Columbia.
"We kept our mills and timberlands working as long as possible, but difficult markets are forcing us to take this action to balance production with demand," said Craig Neeser, Weyerhaeuser’s vice-president for British Columbia. "The factors working against our coastal operations, include weak market demand, falling prices resulting from a general oversupply of lumber, high costs associated with operating on the B.C. Coast, softwood duties, and a rapidly rising Canadian dollar."
All five of Weyerhaeuser’s Crown timberlands operations on the coast, including West Island, North Island, Stillwater, Port McNeill, and Queen Charlotte Islands, will be down for the month of July. On the mill side, Somass and Island Phoenix Division will be down for four weeks, Alberni Pacific Division for three weeks, New Westminster for two weeks and Chemainus for one week.
Print this page
