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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

Comment by Red_Deeron Feb 08, 2024 5:46am
207 Views
Post# 35869160

RE:RE:!!!!!!!!!!!!,,,,,,,,,,MUCH MORE PAIN............!!!!!!!!!!!!

RE:RE:!!!!!!!!!!!!,,,,,,,,,,MUCH MORE PAIN............!!!!!!!!!!!!Hey DiamondBoy__Looks like YOU Need to REVIEW the AIF (Annual Information Form)
for WEF

""Most of the lumber sold in US is cut from US lands owned by western. Your comment is a
red herring.""


 
Based on the known origin of the end-customer, the distribution of the Company’s sales by geographic area by product line for each of the last three years is set out in the following table:  
 
                                                                                         Year ended December 31,  
 
                 (millions of dollars)                                         2022                     2021                    2020  
 
  Lumber                    Canada                           $       306.3            $       256.2           $       155.2  
 
                                         US                                       414.9                    491.7                   299.7  
 
                                         Japan                                    204.3                    195.3                   104.0  
 
                                         China                                    103.8                    126.8                   116.7  
 
                                         Other                                    105.9                    100.6                    45.5  
 
                                         Europe                                    17.3                     26.9                    16.1  
 
                                                                              1,152.5                 1,197.5                      737.2  
 
 
 
The annual lumber production capacity, actual sawmill lumber production for our sawmills and mill locations are set out in the following table: 

 
                                                                             Smallest Log                                      Production  
   (MMfbm)                                                       Diameter Processing           Year ended December 31 
  Sawmill                            Location                       Capability                                                         
 
                                                                                                                                                                           
  Canada                                                                                                                                                                                               
 
  Ladysmith                   Ladysmith, BC             4” diameter log                                                  80                     
 
  Cowichan Bay            Duncan, BC                   6” diameter log                                                 95                       
  Saltair                         Ladysmith, BC               6” diameter log                                               215                        
  Alberni Pacific             Port Alberni, BC           12” diameter log                                                 27                        
   Duke Point                  Nanaimo, BC               12” diameter log                                                93                        
  Chemainus                   Chemainus, BC           15” diameter log                                                59                       
 
                                                                                                                                                                                                    
 
   US                                                                                                                                                                                                  
  Columbia Vista            Vancouver, WA               10” diameter log                                                57                       
 
                                                                                                                                                      626 
 
                                                                          
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