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PRESS RELEASE
For immediate release: November 10, 2008
Meadow Lake OSB issues lay off notice
Operation positions to meet a challenging winter
Meadow Lake, SK - Meadow Lake OSB is positioning itself in anticipation of difficult market conditions this winter. Employees were informed of a possible layoff effective January 19, 2009.
“Unfortunately further deterioration of our products’ markets and the need to anticipate conditions at least eight weeks from now require us to make this announcement,” said Brad Thorlakson, President, Tolko Marketing and Sales.
”We are continuing to work with the government of Saskatchewan to identify and address issues which are within the Government’s control and negatively impacting MLOSB’s competitive position. These include unreliable and uncertain rail conditions, and access to fibre. We are hopeful that progress can be made and we are able to avert this curtailment,” said Thorlakson.
“We understand the difficulty of these unsettling times on our employees and appreciate their commitment.”
At full operations, Meadow Lake OSB has 130 direct employees and an equivalent number of contractors providing timber harvesting and forest management services. The Meadow Lake OSB Limited Partnership includes Northwest Communities Holdings Ltd., Meadow Lake Tribal Council Resource Development Inc., CIC OSB Products Inc., and Tolko Industries Ltd.
For further information:
Parker Snyder
Plant Manager
306.236.0500
E-mail
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