Close X
Wednesday, November 27, 2024
ADVT 
National

West Fraser Timber permanently closing Fraser Lake, B.C., sawmill

Darpan News Desk The Canadian Press, 22 Jan, 2024 05:07 PM
  • West Fraser Timber permanently closing Fraser Lake, B.C., sawmill

West Fraser Timber Co. Ltd. says it's permanently closing its sawmill in Fraser Lake, B.C., after an orderly wind-down. 

The Vancouver-based company says it's unable to access economically viable fibre in the region. 

West Fraser says the closure will affect about 175 employees, and it will mitigate the impact by providing work opportunities at its other operations. 

The closure will reduce the company's Canadian lumber capacity by around 160 million board feet. 

The news comes after an announcement earlier in January that West Fraser was closing its Maxville, Fla., sawmill and indefinitely curtailing operations at its Huttig, Ark., sawmill.

The company attributed the decision to high fibre costs and soft lumber markets. 

 

MORE National ARTICLES

Experts eye interest rate in 2024 as assessed property values stabilize in B.C.

Experts eye interest rate in 2024 as assessed property values stabilize in B.C.
The assessed value of a single-family home in Vancouver which reflected the market on July 1, 2023, rose four per cent to just above $2.2 million, while strata properties remained nearly unchanged at $807,000.  

Experts eye interest rate in 2024 as assessed property values stabilize in B.C.

Records for warmest December set or tied in Vancouver and other parts of B.C.

Records for warmest December set or tied in Vancouver and other parts of B.C.
Data from Environment Canada has confirmed what winter sport enthusiasts have known for a while — December was warm in British Columbia. Five communities in the province set or equalled temperature records for the month while the warm weather, combined with a lack of rain or snow, has done little to ease ongoing drought concerns.   

Records for warmest December set or tied in Vancouver and other parts of B.C.

Vancouver region closes out 2023 with higher home sales, average price of $1,168,700

Vancouver region closes out 2023 with higher home sales, average price of $1,168,700
The Real Estate Board of Greater Vancouver says December home sales rose compared with a year earlier as the region closed out 2023 with balanced market conditions despite high borrowing costs. The board says 1,345 homes changed hands in December, a 3.2 per cent increase from the same month in 2022, but 36.4 per cent below the 10-year seasonal average.

Vancouver region closes out 2023 with higher home sales, average price of $1,168,700

TransLink launches new R-6 Scott Road RapidBus for Surrey

TransLink launches new R-6 Scott Road RapidBus for Surrey
TransLink says its new R-6 Scott Road RapidBus is now cruising the streets on what it calls the busiest bus corridor south of the Fraser.  TransLink says the R-6 is geared toward Surry and Delta residents and Kwantlen University students, who can expect to shave a few minutes off their trips between Scott Road station and the Newton bus exchange. 

TransLink launches new R-6 Scott Road RapidBus for Surrey

One dead in Surrey house fire

One dead in Surrey house fire
One person died on New Year's Day in a house fire in Surrey. Mounties say four occupants of the house escaped and are being treated for non-life threatening injuries.

One dead in Surrey house fire

Roman Arinder Gill & Shaun Narinder Gill charged following shots fired in Guildford

Roman Arinder Gill & Shaun Narinder Gill charged following shots fired in Guildford
On December 30th of last year 24-year-old Roman Arinder Gill and 28-year-old Shaun Narinder Gill were charged with various firearm offences.  Mounties say officers were called Friday to a report of shots fired, when two suspects fled the area in a blue Range Rover.

Roman Arinder Gill & Shaun Narinder Gill charged following shots fired in Guildford