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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 hangemhigh5on Jan 11, 2020 9:56pm
156 Views
Post# 30543233

Could WFP be stalling with purpose.

Could WFP be stalling with purpose.Not one employee will ever gain back what they have lost in this strike. The company will hold out as long as it takes. Their management is still being paid. I know some of them personally. They are not in any rush to settle. Union management being paid too. I remember this happening in the 80's. Unions kept telling workers to fight and strike. Many of those companies shut down. Unions dont care. They have many union dues coming in. In the 1989 strike in Vancouver the company I worked for Sawarne lumber was on strike. I did not support it. The strike pay ran out in one month so the union borrowed 10 million dollars for strike pay. Then when the strike was over 3 months later the workers were docked pay for months to pay it back. What a joke. Lucky for me the company paid my wages through the strike so I wouldnt go work for another company who wasnt on strike. Skilled trades are hard to find. I feel sorry for these guys because they are listening to the union. Many probably want to go back to work with what WFP has offered. imo
Bullboard Posts