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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
Post by louelon Nov 10, 2019 2:15pm
108 Views
Post# 30333101

Gobig Automation;

Gobig Automation;  Watch the video.      It has been slowed down so you can see the action.   And it is not as efficient as recent technology which is being researched & developed daily.
 
  TOLKO's mills  logs are sorted to size prior to being sawn so as there is no need to have the  space between them as shown.  Creating more production by eliminating the gap.   Eliminating the gap between logs at the Armstrong mill resulted in an additional $2M per year in profits for that facility.     Bigger logs simply require larger equipment.

  Westerns Mills are still being upgraded but they will catch up as funding becomes allows.     Management has been constantly comitted to it since Brookfield retrieved WEF from Backruptcy.  
 
  In the long term WEF or whoever may buy it,  will be one of the very financially secure lumber companies in BC.  But it will take more upgrading and automating.
 
 Notice there is not many employees required to porduce a Million board feet per shift.        Even some of  the maintenance equipment in mills,  is now being automated.    Sensors and computers monitor the operation and provide alerts on potential malfunctions or worn parts which are not running true in the machinery  before it actually fails causing more serious problems .  

 WEF's advantage is their access to fiber supply.      No AAC beetle cut back to contend with and the largest mill on the Island buying privately held timber.  
 
   When they say their priority is their employees.   I do not believe it.  It is simply  Lip service for public image.

 In todays world with 5G technology what a human does in any industry.  Machines can be programed to do faster and more efficiently.



     https://www.youtube.com/watch?v=t6OF0rXEl04
Bullboard Posts