Tolko’s Kelowna Operation to Take Downtime

Tolko Industries announced its Kelowna operation would 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 operation, we must manage the business responsibly and ensure we are sustainable for the future.”

Connolly says employees were informed of the decision earlier today and their managers are available to assist them with any questions they may have.

“We do not make these decisions without a lot of consideration,” says Connolly. “We know we have great people working at this location and this is in no way a reflection on them or their commitment. However, we’re seeing a lot of challenging industry conditions in B.C. right now, which could continue for some time.”

Pino Pucci, Vice President, Tolko Marketing and Sales assured customers that Tolko’s Marketing and Sales team “will continue to support our customers and do our best to minimize any impacts. Our customers are understanding of current market conditions and aware of our ongoing commitment to serve them.”

Contact:

Chris Downey – Communications Advisor – Chris.Downey@tolko.com – (250) 550-2512

Source: Tolko Industries Ltd.