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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 PunkyHemrotWfpon Apr 21, 2024 9:08pm
213 Views
Post# 36000565

Bad decisions catching up

Bad decisions catching upBad decisions catching up to WFP. Yes all their mills are now on the east side of the island but this means their log transport costs have increased exponentially. If you look at their tenure maps on the island a large chunk of their timber is now increasingly uneconomical to move to the east coast. Closing the englewood railroad meant now the previous hauling over the hump from the west side by off highway trucks to the railroad to haul to beaver cove is super costly and inefficient.  Same in Alberni TFL44, trucking from Sarita to Nanaimo/ladysmith 1 load a day.  This is what happens when people that have no clue about the forest industry take control.  
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