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B.C. wildfires force shutdown of forestry mills [Toronto Globe and Mail (Ontario, Canada)]

NORBORD INC (OSB)  More Company Research Source: Toronto Globe and Mail
US:NYSE Investor Relations: norbord.com/investors
PDF Wildfires in British Columbia have forced the shutdown of several forestry operations in areas near the blazes, adding further uncertainty to an industry already hit by U.S. duties on Canadian softwood lumber. West Fraser Timber Co. Ltd., Canada’s largest forestry firm, temporarily shuttered mills at three of its locations this week, disrupting production of lumber and plywood. West Fraser said its mills at Williams Lake, 100 Mile House, and Chasm have been closed until further notice. Tolko Industries Ltd.’s lumber operations at Williams Lake are shut down, too. Privately-owned Tolko, led by the Thorlakson family, said it has closed its Soda Creek and Lakeview plants. “As a result of the evacuation alert currently in place, our mills will not be operating until further notice,” Tolko said in a public statement to staff on Tuesday. “We encourage all employees to stay safe and to have plans in place should the situation in the community change and evacuation become necessary. [Read more]

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