Tembec will cut 459 jobs and close four sawmills, three of which are in Quebec, the forestry company announced last week.

Tembec cited “fundamental issues” related to competitiveness, including the strong Canadian dollar, according to the Montreal Gazette.

The money-losing plants that are slated to be or have already been shut down are the Saint Raymond, Davidson, and Temiscaming plants in Quebec, and the Brantford, Ontario, plant.

Tembec had already announced earlier in the year that three other plants will be shutting down operations in late 2005.