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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

Post by downwithdotcom1on Dec 29, 2021 11:00am
252 Views
Post# 34267576

GREAT BNN extended interview on lumber..

GREAT BNN extended interview on lumber..10.40 ish to 10.49 EST today with ANDY (suprised it didn't take place on COMMODITEES..however ,play it back as its very informative..
GREAT NEWS - lumber contracts expected to trade on average near $1000 for 2022 -much stronger than 2021 average. Lumber producers up strongly today as analyst ratings DON"T REFLECT this step jump/demand in everything lumber going into 2022.
LESS GREAT NEWS - expects 10-12 sawmills in BC with capacity  of 1-2  billion board ft to PERMANENTLY close due to loss of ACCESS to raw wood-partially driven by old growth usage changes.. no names given..
enjoy, dwdc
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