Canfor to close the Quesnel sawmill next week

Canfor Corp. is closing its sawmill in Quesnel by the end of next week.

180 workers will be out of work. The length of the closure is not known, but will be based on market supply, and the economics of running the operation. Canfor has stressed that the closure should not be considered indefinite.

The closure is being blamed on low lumber prices, and a rising Canadian dollar.

Source:

Canfor to shut Quesnel sawmill (Prince George Citizen)