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Tolko Industries announces 2-week sawmill shutdown in Armstrong, BC
Posted on September 20, 2024 |
Tolko Industries has temporarily closed its Armstrong, BC lumber mill for two weeks, from September 16th to October 1st, due to ongoing market difficulties.
The closure is caused by limited access to affordable wood fiber, weak market conditions, and higher US tariffs.
This shutdown impacts local workers and contractors, adding to the challenges faced by the company.
Earlier in the summer, Tolko paused harvesting and transportation activities in the Southern Interior to better manage costs and inventory.
These actions are aimed at handling market risks and aligning with current economic realities