Millar Western announces indefinite closure of Boyle lumber operation
19 Nov, 2015, 13:04 ET
EDMONTON, Nov. 19, 2015 /CNW/ - Millar Western today announced it will be implementing an indefinite shutdown at its Boyle lumber operation and has issued severance notices to operation employees.
Current market conditions and the Boyle mill's cost structure have made it uneconomical to continue to operate the facility at this time. The operation will therefore undergo a phased shutdown, with the wind-down of site activities to start in December and be completed in February.
Boyle employees have been advised of the shutdown timing and are being provided with information about the severance compensation and other support they will receive. "We recognize the impact this closure will have on our people, whose dedicated service has been very highly valued, as well as on our contractors, suppliers and the community of Boyle, whose support over the years has been greatly appreciated," said President and CEO Craig Armstrong.
Millar Western will monitor market conditions and review the Boyle facility's future operation as circumstances warrant. The company's Whitecourt and Fox Creek operations will continue to operate at full capacity.
About Millar Western:
Millar Western is a privately-owned forest products company headquartered in Edmonton and operating dimension lumber and high-yield pulp facilities in Whitecourt, Fox Creek and Boyle, Alberta.
SOURCE Millar Western Forest Products Ltd.
For further information: Janet Millar, Communications Director, 780-486-8249; [email protected]
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