Elk Falls NewsLocal news for Elk Falls, KS continually updated from thousands of sources on the web.TimberWest reports loss, warns about cash for distributions for 2008; closes mill- February 8, 2008 "As in the third quarter, we faced weak markets in the U.S., oversupplied markets in Japan, a strong Canadian dollar and escalating contractor costs." - TimberWest Forest Corp. (TSX:TWF.UN) reported a fourth-quarter loss Thursday and warned it did not expect to generate sufficient distributable cash to cover its distribution obligations in 2008."We will assess our financial situation carefully and update unitholders quarterly as we manage through this downturn," the company said in a...http://www.topix.net/city/elk-falls-ks/2008/02/timberwest-reports-loss-warns-about-cash-fo... |