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Tag: Tolko

Tolko to permanently close its Kelowna mill in Canada

13-11-2019
Tolko, Kelowna mill, Canada, closure

Following a thorough examination of all contributing factors including log costs, market conditions, and cumulative policy burden, Tolko will permanently close its Kelowna division on January 8, 2020, as the company says in its press release. “At this time, our thoughts are with impacted employees in Kelowna,” says President and CEO …

Tolko’s Kelowna operation to take downtime

02-08-2019
Tolko Industries, timber, forestry

Tolko Industries has announced its Kelowna operation will take downtime from August 6 to September 15, 2019. “The high cost of logs and weak market conditions are still impacting our operating footprint in British Columbia,” says Vice President of Solid Wood, Troy Connolly. “Although we prefer to keep our locations in constant …

NA’s 13 biggest lumber companies increase production by 2.3% to 34.2 billion board feet in 2017

27-04-2018
North America, Canada, lumber, production, Canfor, Interfor, Tolko, West Fraser

The annual Wood Markets’ “Billion Board Foot Club” list of top global lumber companies showed further gains in production by 10 of the 13 companies making the list in 2017 (as compared to 2016 output). Three companies recorded output declines despite robust U.S. and export market demand (due to timber supply issues in the B.C. …

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