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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.


TSX:WEF - Post by User

Bullboard Posts
Comment by Suomalainenon Mar 18, 2014 12:04pm
187 Views
Post# 22336115

RE:Vancouver Port Stike

RE:Vancouver Port StikeAll this speculation about the Vancouver port strike IMHO is way off course.  WEF has their lumber mills on Vancouver Island and ships their product overseas directly from ports on the Island.  This of course is much more economical than first barging over to Vancouver and then loading ships there. 

What WEF does have to barge out is all their North American sales, but these would be loaded onto rail at Vancouver, thus again no impact from the strike.

Bottem line is that the impact of the strike should be minimal on WEF.  In fact it may actually be of considerable benefit in that WEF will be able to keep shipping product overseas while the BC Interior producers will be shut out temporarily from the Asian markets.  This then could result in some new, long term Asian customers for WEF.
Bullboard Posts
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