Western Forest Products indefinitely curtails Alberni Pacific Division facility

Western Forest Products Inc.
April 16, 2024
Category: Business & Politics
Region: Canada, Canada West

Western Forest Products 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. In April 2023, the Company commenced negotiations related to a proposal received to operate the APD facility as a going concern. …These negotiations were ultimately unsuccessful due to more challenging macroeconomic conditions and financing markets. The Company intends to move ahead with exploring other options for the property. …Western’s CEO Steven Hofer said, “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.

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