West Fraser to vary schedule at 5 BC mills to reduce production
Estimated reduction of up to 100 million board feet through the end of the year.
VANCOUVER — West Fraser Timber Co. Ltd. says it will introduce variable operating schedules at five of its BC sawmills, resulting in an estimated 15% to 25% decrease in production.
The company says in a news release that starting Sept. 16, the schedules at the mills will vary and be adjusted from time to time depending on market conditions.
It says the potential effect could be an aggregate estimated reduction of up to 100 million board feet through the end of the year.
West Fraser says it will also curtail BC plywood production for two weeks.
The company says it’s taking the steps because of sustained weak markets, pricing in wood product markets and high log costs, and it will continue the varying schedules until market and economic conditions support a return to full production.
West Fraser has previously implemented temporary and permanent capacity curtailments of approximately 125 million and 614 million board feet respectively in 2018 and 2019.News from © Canadian Press Enterprises Inc. 2016