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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 Dec 09, 2019 6:01pm
129 Views
Post# 30437579

Another expanding south

Another expanding south

A Canadian-based timber manufacturer that Walmart has invested in announced Monday it's spending $90 million to open a plant in Arkansas, the company's first in the United States

Structurlam Timber  will purchase, and retrofit a faciity in Conway and create 130 new jobs at the facility. The plant is set to open in mid-2021 and will source softwood lumber from Arkansas-grown southern pine trees.

Walmart will be the first customer of the facility, and plans to use more than 1.1 million cubic feet of Arkansas-grown and Arkansas-produced timber in its new home office campus.

The company said the new location will meet the demand in the U.S. for mass timber,  building construction.    Featuring structural laminated wood components for walls, roofs, beams and columns.

 Arkansas Economic Development Commission says the project is receiving $1.5 million from an incentive fund, as well as tax refunds and rebates.


Bullboard Posts