Closed its Chasm, BC, lumber mill and eliminated the third production shift at its 100 Mile House, BC, operations.
Estimated reduction of up to 100 million board feet through the end of the year.
Responding to limited log supplies and a plunge in lumber prices from record highs last year.
CItes timber supply constraints owing to pine beetles, wildfires and pricing.
Their sawmills largely missed out on the surge of shipments to China.
An innovative Alberta pulp mill is transforming a wood byproduct for value-added products.
Plans to expand annual production capacity at Alberta sawmill.
Revenue tops $1 billion from $878 million in the quarter.
International Wood Markets survey says overall global softwood production grew by only 2%.
West Fraser shifts sales efforts inland from China’s coastal markets.