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A Pretty Big Announcement Today out of the Pulp Mill in P.A. , I truely feel sorry for the families that are affected. Anyone here affected? Got any news that the media has not told us down South here? I used to live up there and I know a few guys that work there. Take care guys!
 

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What happened at Weyerhauser? :dunno:
 

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The Price Albert Pulp and Paper Mill is closing its doors. Putting a total of close to 800 people out of work..It is the biggest single employer in the city plus all of the offshoot companies that basically supported them. This is a very sad day for the City.
 

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Weyerhaeuser to Shut Canadian Plants That Employ 690 (Update1)
Oct. 4 (Bloomberg) -- Weyerhaeuser Co., the world's biggest lumber company, will close indefinitely a paper plant and a pulp mill in Canada, threatening 690 jobs, because of declining demand and prices.

The Prince Albert mill in Saskatchewan, which can make 280,000 tons of paper a year, will close in January Federal Way, Washington-based Weyerhaeuser said in a statement. A related pulp mill with a capacity of 130,000 tons a year will be closed in the first half of next year, the company said.

The pulp and paper businesses have been Weyerhaeuser's least profitable for eight straight quarters. Chief Executive Steven Rogel, 62, said July 21 that the company will shed underperforming mills in a bid to cut costs and boost the company's stock. Shares of Weyerhaeuser are up 2.4 percent over the past year, less than the 8.1 percent gain in the Standard & Poor's 500 index.

Shares on Oct. 3 fell 64 cents to $68.11 in New York Stock Exchange composite trading.
 

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Another giant incentive for young people to stick around, not only do we not create new jobs we loose the ones we have.
 

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It's too bad for the people of PA and the employees.

Two things wrong here.

1) Government should mind their own business and let these guys invest without be taxed to the nuts!

2) Now Weyerheaser owns a pile of land here in Saskatchewan to harvest and there will be few benefits to the people.

It just goes to show Calvert and his Cronies are bantams in a professionals world!!
 

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Discussion Starter · #8 ·
Originally posted by ryanru@Oct 4 2005, 03:51 PM
We should bring back Devine,
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We I do not think that would solve the problem. I would venture to guess that one of the reasons they are shutting down the mill is that the workers are VERY well payed. Which was negotiated with the union. now if these guys had a choice between a pay cut say 10% or getting layed off them i would think amny would chose to stay at work. However, If most of these guys take the chance for retraining that will be availalble to them through EI and learn new skills then they may land on there feet. But I hate to say but I would think many will have to move to find work. As Paul Brandt says...ALBERTA BOUND!
 

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I think you are right "Sledinfan1973" all my comments aside we have truly been creating more jobs in Sask then ever before. As of the last few years there have been several "albeit most failed" major job creation attempts. The proposed pig plant, the hype surrounding the oil supply and XL beef plant here moving to a 24 hr day with three fulltime shifts.
There on the other side of the coin lies the pork plant closure in moose jaw as well as now the pulp mill closing. We need a real economy boost, I.e. tapping into some of our own resources.
 

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Unfortunately pulp mill closures are sign of the times. There has been close to a half dozen close here on the east coast in the last two years. I would not be surprised to see a couple more in the next six months. Wages are part of the problem but cost of power and the delivered wood cost are also major obstacles for these facilities.
 

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Discussion Starter · #11 ·
I do not know what a long term solution would be to right this drowning ship we have called a Province. I have faith in Calvert he will save us all..<wink wink>

However I just thought of it, isn't it a surprise that this announcement comes on the heels of Saskenergy making there announcement of a rate hike. Someone correct if I am wrong, but doesn't Weyerhauser use more natural gas than the whole city of PA?
 

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I am a HR Supervisor at a potash mine. We are having trouble finding tradespersons and engineers for our mine. If any of these would like to contact me I would like to here from them
 

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we have all the resources in the world far more than anyother province and still we are struggling. taxed out the ass. sask so far is nothing more than banks, unions, indians/casino's and multimillion dollar liquor stores! the government doesnt consider on trying to grow rural sask.... just the cities. as far as im concerned ndp just doesnt have a sniff. " COME TO SASK, OPEN A BUSINESS AND TRY TO COMPETE AGAINST THE GOVERNMENT!"
we need a klein government. simple as that. this is the only way for this province to get its ass in gear and get with the times. we shouldnt be in dead last with newfoundland for job growth numbers.
 

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Originally posted by ZRJoe@Oct 4 2005, 03:47 PM
It's too bad for the people of PA and the employees.

Two things wrong here.

1) Government should mind their own business and let these guys invest without be taxed to the nuts!

2) Now Weyerheaser owns a pile of land here in Saskatchewan to harvest and there will be few benefits to the people.

It just goes to show Calvert and his Cronies are bantams in a professionals world!!
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that is the most misinformed and idiotic response I have heard!!
 

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Still waiting.

Maybe Weyerheauser heard about the 41% price increase in Natural Gas?
You know the one that according to Pat Atkinson was all the fault of Grant Devine.

:frech32:
 

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The naturtal gas increase would not have effected the mill as they have a contract with a different supplier than Sask Energy. The mill closure is market related. There is way too much paper supply in the world for the current demand and there will be more capacity taken out of the market. A year or so ago Franklin Investment Group spent in excess of $1 Billion US and bough 7% of Weyerhaeuser shares. They told the company that they feel Weyerhaeuser shares should get to $90, up from $65,or so, and this is what we want you to do to get there. There is goig to be big changes in all of Weyehaeuser which may see them out of Canada completely, and may see them out of paper production completely. Wall Street rules.

This mill has the lowest fibre cost in all of Weyehaeuser. This mill has the highest end product cost in all of Weyehaeuser. When you are looking to cut it will always be the highest cost producer that is first to go. The company has been telling the employees for many years that they have to get their costs down. This mill runs on five year labour contracts and they just signed a new deal 6 - 8 months ago. The union passed a strike vote and made it very difficult to get the restructuring plan in place. I know that the company was having a great deal of difficulty getting the union to follow through with the implementation of the restructuring. The mill had made some substantial gains in productivity over the last year or two. A couple of years ago it took a 65 cent dollar to break even and now they were breaking even 85 cents. Every penny increase in the CDN dollar costs the mill $5 M.

This paper machine has a rating of 700,000 tons per year and all new paper machines comiing on line in the world are 1,000,000 +. It doesn't take any more people to run the bigger machines. Weyehaeuser has similar mills to ours in the states that produce the same amount of paper with 350 employees, instead of our 690. Which one do you think they would keep? Our labour laws will require any new owner to inherit the CBA. Weyehaeuser told this mill to 'change or die' and the union was not willing to change enough, and it looks like they may die, they're certainly dying.

The key thing here is that we protect these jobs and this industry. As a small business owner in this community it is a huge hit to our economy. The mill is not the largest employer in Prince Albert, but it is the largest real wealth generator. The largest employer is the health region, but that is all public money, it is not making anything new for our economy. This why we can't have the government coming in and buying these jobs. What we need is a climater and environment that will attract and sustain private industry. The government cannot grow our economy by paying us with our own money. Labour has to understand that no company owes them a living just for showing up most of the time. Governmnet cannot make jobs and support industry. The only real thing the government can do is to make it worthwhile for someone to invest here. Capital tax is an issue, labour laws are an issue, power is an issue and those are things the government can do something real and decicive about. Unfortunately I doubt there is any political will to really do anything. Saskatchewan has the some of the greatest diversity and quantities of natural resourses in the world. There are few palces in the world that have more to offer, but just seem too scared to do anything with it. In order for things to change, things have to change.
 

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Originally posted by ZRJoe@Oct 4 2005, 02:47 PM
It's too bad for the people of PA and the employees.



2) Now Weyerheaser owns a pile of land here in Saskatchewan to harvest and there will be few benefits to the people.

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Weyehaeuser doesn't own the land. The trees in the FMA still belong to the people of Saskatchewan and the wood goes with the mill.
 

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Originally posted by 94ZR580@Oct 13 2005, 02:28 PM
Weyehaeuser doesn't own the land. The trees in the FMA still belong to the people of Saskatchewan and the wood goes with the mill.
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Do you work in the woodlands division or at the mill for Weyehaeuser?
 
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