P.G Loses, Ft. St. John Gains
By 250 News
Thursday, July 31, 2008 04:07 AM
Prince George, B.C. - While Canfor will not rebuild the North Central Plywood plant, it will be adding some thing to the mill in Ft. St. John.
Canfor’s Board of Directors has approved spending $13.5 million to build a wood residue energy facility at the Fort St. John sawmill.
Canfor president and CEO Jim Shepard says the decision to not build NCP was not an easy one “Unfortunately, after considering the changing nature of our available fibre supply and expected future market conditions, the projected economic benefits were not sufficient to justify the significant capital cost of the rebuild.”
The North Central Plywood plant was destroyed by flames on May 26th.
Since the fire, Canfor has honoured supply contracts with its customers through increased activity at the Tackama plant and some outsourcing for specialty products.
The President of local 25 of the Pulp Paper and Woodworkers Union, Jymm Kennedy, says the decision caught him off guard “I am shocked, I really believed they would rebuild, I was optimistic.” Kennedy says the Union will receive some materials from Canfor next week and employees will receive some information packages any day now.
The only good news for the former NCP workers is that Canfor will honour the collective agreement and give the workers ten days pay for every year with the company.
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