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Most actively traded companies on the Toronto Stock Exchange | iNFOnews | Thompson-Okanagan s News Source

Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange
cornwallseawaynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cornwallseawaynews.com Daily Mail and Mail on Sunday newspapers.

Forestry company cuts production at northern B C mills, expects to lose 147 jobs

Forestry company cuts production at northern B C mills, expects to lose 147 jobs
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West Fraser reports strong profits, but cuts shifts and reduces production

Despite reporting three quarters of a billion dollars in second quarter earnings, West Fraser Timber Co. Ltd. is permanently curtailing approximately 170 million board feet of combined production at its Fraser Lake and Williams Lake sawmills and approximately 85 million square feet of plywood production at its Quesnel Plywood mill.  The curtailments will be realized through the elimination of one shift at each facility.

West Fraser cuts production, mill shifts in B C for loss of 147 jobs

VANCOUVER West Fraser Timber Co. Ltd. says it is cutting a shift at three B.C. mills for a loss of 147 jobs as it reduces production in part because of lack of timber supplies.

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