More Mill Curtailment Announced

Saturday, May 19, 2007 04:26 AM

Another forest industry company has announced a curtailment of production.

Pope & Talbot has announced its sawmills in Fort St James and Grand Forks will be down for a week. The market-related production curtailment will start on May 28^th in Fort St. James, while Grand Forks will start its downtime on June 2^nd.

At the moment, Canfor’s Plateau sawmill in Vanderhoof is taking downtime. It isn’t expected to be back on line until the 26^th of May. The planer mill at Plateau has been running for a week and a half for inventory management purposes.

The lumber market is flooded with product, and the price is at some of the lowest levels seen in years.

The companies are hopeful the curtailments will eat up the existing supply, and the help the market return to favourable pricing.

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Posted on Saturday, May 19, 2007 04:26 AM in News by 250 News

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Comments

Posted by: lmorg on May 19 2007 8:30 AM

Yeah, but the dollar is at its highest since god knows when, so that will hurt the ailing forest industry even more!

Posted by: Parrothead on May 19 2007 11:26 AM

Hmmm. No mention of the "at least" 2 week downtime at Tolko Quesnel starting next week.