Workers return to Ketchikan veneer plant

Posted: Tuesday, March 20, 2001

KETCHIKAN (AP) -- About half the workers at a struggling veneer mill in Ketchikan were scheduled to return to work today.

The veneer mill and sawmill owned by Gateway Forest Products were shut down last month when the company sought Chapter 11 bankruptcy protection.

The company plans to reopen the veneer mill Tuesday, but not the sawmill. The operation employs about 130 workers.

The struggling company has been seeking new capital as well as relief from creditors through the bankruptcy process. The Ketchikan Gateway Borough Assembly was meeting Monday night to consider several proposals to help the company and its local creditors.

Subscribe to Peninsula Clarion

Trending this week:


© 2018. All Rights Reserved. | Contact Us