Western Forest Products Inc T.WEF

Alternate Symbol(s): WFSTF

Forest Products Lumber & Wood Production

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

Western Forest Products Inc > TEAL JONES

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Comment by Apaulsonon Apr 30, 2024 8:39am

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Post# 36014329

RE:RE:TEAL JONES

If the actual value of their assets was worth more than their debt, their lenders would refinance them.

Book value of assets often don't mean anything.

Teal Jones is liquidating under CCAA/Chapter 11. It's effectively a bankruptcy liquidation in the guise of a CCAA restructruing (sales and investor soliciation process).

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