January 16, 1963 -- The waferboard plant
of Wizewood Ltd. At Hudson Bay will be rebuilt. Walter Thorpe, President
of the Company has announced the decision to rebuild those parts
of the factory destroyed in an early morning fire January 2nd.
Completed in 1961, the waferboard plant commenced operations in
1962 and was operating on a two-shift basis at the time of the fire. Its
"Aspenite" product has met with very favorable acceptance by the
construction and building trades and was being widely distributed
throughout Canada.
To be rebuilt is approximately one-third of the production
line, including wafer storage chests, blenders, felters and the
forming line. Also destroyed and to be replaced are the Company
offices.
In announcing the Company's intention to rebuild, Mr. Thorpe
said that reconstruction would commence immediately following insurance
settlements and the clearing of debris. It is planned to have the
plant operational by early spring and to provide employment for
the full staff as soon as possible. Some 20 regular employees have
been at work since the fire and additional number will be required
during the period of reconstruction. Inventories on hand were not
damaged by the fire and shipments are being made against orders.
Engineering studies to replace damaged equipment have been
initiated, while research into product development commenced before the
fire, is continuing.
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