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TreeDimensional · 3rd April 2008, 08:22 AM

Weyerhaeuser will be closing their Hudson Bay, Sask. Strand board mill in June 2008. The plant will be mothballed until a further date, and the depressed US housing market was blamed. This will put 170 people at the mill out of work, not to mention the other support and supply people.

About 2 years ago they closed their pulp/paper mill is Prince Albert, Sask. The mill was sold to Dom-tar, and currently sits idol. The past Provincial Government had offered Dom tar a 99 million incentive package to re-open the mill, but after being defeated in a Provincial election, the offer was rescinded by the New Government.

While I hate to agree with Ekka, the reality is that the profitability of such enterprises MAY not be large enough for the Chief financial officers and the shareholders. The media is finally getting wise enough to realize that the closures aren't JUST effecting the Union staff, but usually MORE people in the supply sector.

On the other hand, if anyone picks a scrap with these large multi-national companies and expect to win, they probably would be considered delusional.

3rd April 2008, 08:22 AM	#6 (permalink)
TreeDimensional Banned Join Date: Feb 2007 Location: Canada Posts: 379	Re: forestry in a real slump Weyerhaeuser will be closing their Hudson Bay, Sask. Strand board mill in June 2008. The plant will be mothballed until a further date, and the depressed US housing market was blamed. This will put 170 people at the mill out of work, not to mention the other support and supply people. About 2 years ago they closed their pulp/paper mill is Prince Albert, Sask. The mill was sold to Dom-tar, and currently sits idol. The past Provincial Government had offered Dom tar a 99 million incentive package to re-open the mill, but after being defeated in a Provincial election, the offer was rescinded by the New Government. While I hate to agree with Ekka, the reality is that the profitability of such enterprises MAY not be large enough for the Chief financial officers and the shareholders. The media is finally getting wise enough to realize that the closures aren't JUST effecting the Union staff, but usually MORE people in the supply sector. On the other hand, if anyone picks a scrap with these large multi-national companies and expect to win, they probably would be considered delusional.