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Stock impact report

B.C. town declares financial crisis in wake of latest sawmill closure [Business News Network (BNN) Energy & Resources (Canada)]

Louisiana-Pacific Corporation (LPX) 
Last louisiana-pacific corporation earnings: 2/11 06:55 am Check Earnings Report
US:NYSE Investor Relations: lpcorp.gcs-web.com/investor-overview
B.C. town declares financial crisis in wake of latest sawmill closure FORT ST. JAMES, B.C. -- The small community of Fort St. James, B.C., has declared a state of local financial crisis in the wake of the closure and recent sale of its largest sawmill. Mayor Bev Playfair signed the declaration this week, less than a month after Conifex Timber Inc. (CFF.TO) announced a $39 million deal to sell its sawmill to Oregon-based Hampton Lumber. The sawmill is a major employer in the north-central B.C. town of about 1,600 and remains closed prompting the declaration which will remain in effect until Aug. 15, unless cancelled by the mayor. In its declaration, the district is asking for all levels of government for support "to protect the health, safety or welfare" of its people, and has attached a list of resources, including family assistance, tax deferral and employment support programs. A statement from the District of Fort St. James says it will work with the governments and support organiza Show less Read more
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