Canfor’s local Peace Valley OSB plant begins its latest one week shutdown today, in a continuing struggle to stay afloat, by keeping productivity up.
Speaking on Issues and Answers this week General manager Chris Baby said…
Meantime, Canfor announced today that it will not, rebuilt the Prince George’s North Central Plywood plant, that burned down in May.
CAnfor’s Vice PResident of marketing said in a conference call, the decision was made based on fibre supply and market conditions. Mark Feldinger says severance will be given to the more than 200 people who worked at the plant, based on the terms of the collective agreement.
CAnfor has scheduled a press conference for tomorrow to make the news official.