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Monday, October 13, 2008
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6°C
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6°C
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100%
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Its just business |
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Written by -- Editor Dave Paulson
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Friday, 01 August 2008 |
Related Items
MAYOR COLIN KINSLEY
Officials at Canfor and the company's shareholders must certainly see it as a blessing in disguise. The spectacular, gut-wrenching fire that destroyed North Central Plywood on May 26 resulted in a net insurance payout of $36.3 million, new money that helped Canfor report a $64.2-million profit for the second quarter. NCP had been a money-maker but the company said Thursday the mill was struggling recently and its future was bleak because of the declining supply of pine, courtesy of the beetle epidemic. Realistically, one has to believe rebuilding the mill was never a serious consideration. The only nugget of optimism rested on the faint hope that an insurance payout was contingent on the company rebuilding the mill. We now know it wasn't. Instead, Canfor is scooping up the remnants of NCP -- $36.3 million -- to improve efficiency at some of its other operations, including building a $13.5-million wood residue energy plant at its sawmill in Fort St. John. Face it. Virtually any other company would have done the same. The name of the game is making money, not keeping communities and workers happy. When shareholders are involved, the fate of towns and employees is always eclipsed by what's on the bottom line. It's far easier to be a good and visible corporate citizen when times are bright, but in this era Canfor appears to have shed even the habit of extending common courtesies. Mayor Colin Kinsley told The Citizen he wouldn't recognize Canfor CEO Jim Shepard (not to be confused with his predecessor, Jim Shepherd) "if he walked through the door," in spite of Prince George being the single most important community in its operation. In the past, Kinsley said Canfor would be in close and regular contact with the mayor's office on any new developments. "We don't even get a courtesy call, and that's totally unacceptable," fumed Kinsley. "It just shows the changing attitude in their corporate management." Don't expect the mayor's outrage to damage city hall's relationship with Canfor because, apparently, there isn't one. The death knell for NCP is a bitter pill for the community to swallow. With 285 family-supporting jobs, the mill hadn't been on anyone's radar for closure. With the sawmilling industry continuing its bumpy ride to who-knows-where, workers are sweating as they contemplate a potential future of unemployment, relocation, education or career change. Be angry at the giant, monolithic forest company if you like, but in these circumstances it's unlikely another company would have rebuilt NCP. It's nothing personal, it's just business. Personal went out of the equation a long time ago. -- Editor Dave Paulson
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Last Updated ( Friday, 01 August 2008 )
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Who's Online
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It is because of the workers that Canfor is successful. Without the thousands of workers employed by the huge conglomerate that operates Canfor, the bigwigs would be nothing. I personally don't think it is too much for workers to expect something better than a brass handshake and a plastic watch.
I wish the NCP workers the best of luck. I've been down that road and know how hard it can be. Hang in there.