Elgin plywood mill closed for the week

July 01, 2013 10:46 am
Boise Cascade announced Friday that the Elgin plywood mill will be closed this week.

The mill’s operations will be curtailed one week due to poor market conditions and log supply constraints.

The curtailment begins today. Some employees will return July 6, and full operations will resume July 8.

Boise Cascade representative Steve Lyon said a large percentage of logs processed at the Elgin mill come from 200 to 250 miles away.

“In addition to the weak market conditions that all plywood manufacturers are facing, our mills are being negatively impacted by the high costs associated with getting logs to our mill,” he said.

Lyon said it has been quite awhile since the plywood mill has been curtailed.

“The plywood market as a whole has been dropping for a couple weeks and prices have fallen off considerably,” he said.

The curtailment was scheduled around the July 4 holiday to help mitigate the harm to employees who are losing a week’s worth of wages.

Stockhouse.com, a natural resource and investment site, reported last week that several North American lumber producers will be closing temporarily. Boise Cascade is curtailing two plywood mills in addition to Elgin’s mill. Swanson Group will close Oregon mills for the week as well. Tolko Industries in British Columbia, Canada, is also closing multiple mills this week, according to Stockhouse.

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