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Walter Energy layoffs hit Chetwynd mining community
Chetwynd experts say about 80 local employees at Brule, Willow Creek, and Walter Energy offices could be affected as Walter Energy idles Canadian mines amid weak met coal prices. Officials anticipate indirect hits to spinoff businesses and housing, with potential for a slowing real estate market and possible buyout moves by Glencore Xstrata. Local leaders urge government aid and job fairs while eyeing a future recovery plan.
MENTIONED IN THIS ARTICLE
Chetwynd
Brule
Willow Creek
Walter Energy
Merlin Nichols
Nichols
Paper Excellence
Tembec
Highway 97
Maple Leaf Loading Ltd
Pro-Trans
Northeast BC
Northeast
Vladimir Zernov
Investors News Service
Motley Fool
Wolverine
Glencore Xstrata
Walter Energy Properties
Glen
Chetwynd Echo
Hoffman