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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is an integrated softwood forest products company. 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. Its product categories include Outdoor Living, Exterior Appearance, Interior Living, LIFESTYLE CEDAR, WFP Engineered Products and others. The Outdoor Living products include decking, timbers, outdoor structures and fencing products. The Exterior Appearance products include siding, trim and fascia, soffits, and door and window products. The LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. The Interior Living products include interior paneling, interior moldings, architectural millwork, and stair components. The WFP Engineered Products include Curved and Arched Glulam, Straight Glulam, Fabricated Trusses, Calvert GL3000 and Other Glulam Products.


TSX:WEF - Post by User

Bullboard Posts
Comment by SandHeadson Jun 08, 2018 12:49pm
84 Views
Post# 28146625

RE:RE:WEF has 5 species in their fiber basket.

RE:RE:WEF has 5 species in their fiber basket.
WEF has access to more logs then they can mill. The biggest problem to lower log supply is the weather. They have closed 2 mills and made up for this by modernization and improvements at their other mills. Their milling margins are now 14% up from 7 % when they took over.. Going from memory here.  Timber West, the largest timberland owner on the Island,  owned by two governmnt pension plans, have zero mills to process their timber.  I'm sure WEF can, and maybe does, access logs from them as need be?. As for the tenures they sold to the natives on Hiadi Gwaii?  I believe they now buy the Cedar logs from them. The tax payers lost their royalties on those logs. I believe there was little effect on WEF as they were paid to give up their license.   From what I understand WEF has no plans to log outside the coast of BC. They seem to be moving into the business of manufacturing their lumber into higher priced products, and now some of this maufacturing is moving into the USA to reduce the duties on these manufactured products.. I suspect we will comntinue to see margin improvements at WEF..
Bullboard Posts