West Fraser closes Kitimat mill

West Fraser Timber is closing its Eurocan paper mill in Kitimat, British Columbia on January 31st, 2010.

535 people will lose their job.

After years of cost cuts and reviews of Eurocan's operations, West Fraser president and chief executive officer Hank Ketcham said closing the mill is “the only reasonable alternative.”

West Fraser said the 40-year-old mill, which produces linerboard and kraft paper, has struggled over the years with high costs and negative returns.

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West Fraser to close Kitimat paper mill (Globe and Mail)