Kruger is suspending operations at four of its sawmills. Citing difficult conditions in the North American lumber m…
Kruger is suspending operations at four of its sawmills. Citing difficult conditions in the North American lumber market, the company will be shutting its facilities at Parent, in the Upper Mauricie and at Lamay, in Abitibi, on April 5 for an indefinite period of time. The companys sawmills in Ragueneau and Forestville, as well as its Longue-Rive drying and planing operation on the North Shore will all shut down beginning June 29, also for an undetermined amount of time. Roughly 1,027 mill employees and forest workers will be affected by the closures, of which 233 are at Parent, 170 at Lamay and 624 on the North Shore.
We are sorry about the impact this decision will have on our employees, said Jean Majeu, vice president of corporate affairs for Kruger. Unfortunately, current market conditions, especially the impact from low demand, the significant drop in product selling prices and the strength of the Canadian dollar, leave us no other choice. We hope that an improvement in current market conditions will eventually allow us to resume our operations.
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