West Fraser: Northern Alberta Plywood and Lumber Production Temporarily Suspended
West Fraser announced a temporary, two-week suspension of production at its Alberta Plywood operations and High Prairie sawmill to address low log inventories for the facilities. Log inventories in support of these mills have been adversely impacted by wildfire-related logging curtailments compounded by recent wet weather. The decision to implement this temporary reduction provides time to build log inventories to more appropriate levels.
Plywood production is anticipated to be reduced by approximately 13 million square feet, while the impact on Alberta lumber production is anticipated to be minor.
About West Fraser
West Fraser is a diversified wood products company producing lumber, LVL, MDF, plywood, pulp, newsprint, wood chips and energy with facilities in western Canada and the southern United States. West Fraser shares trade on the Toronto Stock Exchange under the symbol: “WFT.”
Contact:
Chris Virostek – Vice President Finance & CFO – (604) 895-2700
Source: West Fraser Timber Co. Ltd.
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