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Tolko announces closure of Merritt mill

Mill CEO says completion of pine beetle harvest has reduced annual allowable cut that fed the mill.
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The Tolko mill in Merritt will close in December.

Tolko Industries announced Sept. 29 it will permanently close its Merritt mill, effective Dec. 16, putting 203 people out of work.

香蕉视频直播淢aking the decision to close an operation is never easy,香蕉视频直播 Tolko president and CEO Brad Thorlakson said in a release.

Thorlakson said a reduction in the annual allowable cut as a result of the completion of the pine beetle harvest led to a review of wood supply for all of Tolko Southern Interior operations.

香蕉视频直播淏ased on this review, we have determined there is not enough timber to supply all of our mills,香蕉视频直播 Thorlakson said. 香蕉视频直播淭his has resulted in the decision to permanently close our Nicola operation.香蕉视频直播

The closure of the mill will result in the removal of 250-million board feet of capacity from the lumber market.

Mike Harkies, executive vice-president of Tolko香蕉视频直播檚 solid wood division, said employees have been informed of the decision.

香蕉视频直播淭oday [Thursday] we have issued notice to employees and we are working through the details of a transition package,香蕉视频直播 he said. 香蕉视频直播淲e anticipate full details to be available to employees the week of Oct. 10.香蕉视频直播

Tolko purchased the Nicola Valley operation in 1987.



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