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West Fraser Timber Annunces Shutdown of Skeena Sawmills Facility
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Vancouver, British Columbia, Canada, 24 October 2007 -- West Fraser Timber Co. Ltd. announced today the shutdown of its Skeena Sawmills facility in Terrace, British Columbia.

“This was a very difficult decision for the company to make, but unfortunately it has become necessary due to current market conditions,” explains Lou Poulin, general manager of Skeena Sawmills. “These conditions include low U.S. housing starts and the unprecedented and rapid rise in the value of the Canadian dollar.”

The company is uncertain as to the length of the shutdown and any startup of the facility will be determined by market conditions. The planer will operate on a temporary basis starting 29 October 2007, for 6 weeks to process the existing inventory of rough lumber at the mill.

Skeena Sawmills employs approximately 80 hourly workers and 20 salaried staff members. Wherever possible, salaried staff will be reassigned to other duties within the company.

Skeena Sawmills produces approximately 90 million board feet of dimension lumber annually on a one shift basis.

West Fraser is an integrated forest products company that produces lumber, wood chips, LVL, MDF, plywood, pulp, linerboard, kraft paper, and newsprint. The company has manufacturing operations in British Columbia, Alberta, and the southern United States. West Fraser has approximately 9000 employees and is headquartered in Vancouver, British Columbia.
 

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