Western Forest Products Announces Indefinite Curtailment of Alberni Pacific Division
VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX:WEF) (“Western” or the “Company”) today announced the indefinite curtailment of its Alberni Pacific Division (“APD”) facility, located in Port Alberni, B.C.
- VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX:WEF) (“Western” or the “Company”) today announced the indefinite curtailment of its Alberni Pacific Division (“APD”) facility, located in Port Alberni, B.C.
- The APD facility has been temporarily curtailed since fall 2022.
- In January 2023, the Company announced it would not restart APD in its current configuration and established a multi-party working group to explore viable industrial manufacturing solutions for the site.
- “This process has taken longer than expected and has been very difficult for impacted APD employees.”
The Company intends to offer voluntary severance to the remaining 60 APD employees.