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More bad news for Canadian Forestry

 
 
dadpad
 
Reply Thu 8 May, 2008 02:50 am
800 more mill workers out of work in B.C.

Last Updated: Tuesday, May 6, 2008

Another 800 mill workers in B.C. are about to lose their jobs as two more pulp mills — in Mackenzie in the Central Interior and Nanaimo on Vancouver Island — are shut down.

Mill owners Pope & Talbot Inc.said the closure will be effective immediately after creditors refused to extend financing for the company in bankruptcy court.

The job losses add to the troubles already facing what was once the province's most important industry.

Industry officials estimate 10,000 B.C. forestry workers have lost their jobs through mill shutdowns, down-time and lay-offs brought on by the downturn in the U.S. housing market over the past year.

http://www.cbc.ca/money/story/2008/05/06/bc-mackenzie-nanaimo-mill-layoffs.html
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Amigo
 
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Reply Thu 8 May, 2008 03:00 am
That doesn't sound very good.
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