West Fraser Timber Co Ltd T.WFG

Alternate Symbol(s): WFG

Forest Products Lumber & Wood Production

West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used in home construction, repair and remodeling, industrial applications, paper, tissues, and box materials. Its segments include Lumber, North America engineered wood products (NA EWP), Pulp & Paper and Europe EWP. Its business comprises lumber mills, OSB facilities, renewable energy facilities, pulp and paper mills, plywood facilities, MDF facilities, particleboard facilities, LVL facility, treated wood facility, and veneer facility. The Company operates approximately 58 facilities in Canada, the United States, the United Kingdom and Europe. It also offers wood preservation services.

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West Fraser Timber Co Ltd

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Post by retiredcfon Jun 24, 2022 3:58pm

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Post# 34781263

Ink Research

West Fraser Timber VP buys the dip

Forest product stocks have been cut down this year over fears rising bond yields will destroy housing demand. West Fraser Timber Co. Ltd.

is no exception, off more than 15 per cent year-to-date. When it reported first-quarter results, West Fraser noted it has experienced transportation and logistics constraints in North America. On the positive side, West Fraser expects aging housing stock to support repair and renovation demand for lumber, plywood and oriented strand board. Meanwhile, during the recent sell-off an officer bought 2,568 shares in the public market on June 17.