Portland, OR Pope & Talbot announced the scheduled re-opening of three BC sawmills that were temporarily shut down…
Portland, OR Pope & Talbot announced the scheduled re-opening of three BC sawmills that were temporarily shut down in October due to market conditions. The mills in Grand Forks and Castlegar will resume on November 5 at reduced capacity, operating on one shift. The mill at Fort St. James is anticipated to operate as normal.
Pope & Talbot CEO Harold Stanton noted that the reduced capacity is due to the falling prices of softwood lumber products brought on by the poor U.S. housing market and the continued strengthening of the Canadian dollar. “Unfortunately the continued problems in the housing market has severely hurt the demand for our softwood lumber products,” said Stanton. “As we move forward we will continue to make adjustments as the market dictates.”
Print this page
