West Fraser Timber Co. Ltd. says it’s permanently closing its sawmill in Fraser Lake, B.C., saying the closure will impact roughly 175 employees.
Vancouver-based firm says the closure will affect about 175 employees
West Fraser Timber Co. Ltd. says it’s permanently closing its sawmill in Fraser Lake, B.C., after an orderly wind-down.
The Vancouver-based company says it’s unable to access economically viable fibre in the region.
West Fraser says the closure will affect about 175 employees in the community roughly 140 kilometres west of Prince George.
The company says it will mitigate the impact by providing work opportunities at its other operations.
The closure will reduce the company’s Canadian lumber capacity by around 160 million board feet.
The news comes after an announcement earlier in January that West Fraser was closing its Maxville, Fla., sawmill and indefinitely curtailing operations at its sawmill in Huttig, Ark.
The company attributed the decision to high fibre costs and soft lumber markets.