Business stable for Canoe Forest Products in Salmon Arm despite some industry closures

By Martha Wickett
Penticton Western News
January 31, 2023
Category: Business & Politics
Region: Canada, Canada West

So far, so good at Canoe Forest Products Ltd. in Canoe, one of Salmon Arm’s largest employers. Although B.C. companies such as Canfor and Tolko have been in the news recently due to mill closures or extended shutdowns, Canoe Forest Products, a plywood/veneer plant about five kilometres east of downtown Salmon Arm, has remained stable. For instance, the plant didn’t shut down for any extra time over Christmas, which has happened in the past. “Plywood has held up better than some of the other commodities in terms of volume of sales and pricing,” said Marcello Angelozzi, general manager. “It’s been fairly consistent as far as sales goes. We haven’t seen a big dry spell, knock on wood, but it doesn’t mean we’re immune.” Canoe Forest Products is a member of the Gorman Group of Companies, which also has operations in West Kelowna, Revelstoke, Lumby and Oroville, Washington.

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