Tolko Industries Ltd has indefinitely curtailed its new OSB/engineered wood facility at Slave Lake, Alberta in response to ongoing poor business conditions.
The mill was in start-up mode, and the curtailment affects 112 direct employees, though some will be retained as needed to prepare the mill for an extended shut and to protect the facility for future restart, a statement said.
Brad Thorlakson, president, Tolko Marketing and Sales Ltd said customer demand would be met from the company’s Meadow Lake OSB Division in Saskatchewan “until more robust and sustained demand occurs within the North American market”.