West Fraser plans to expand its operations in Newberry County, SC. The $17.7 million project is expected to create 30 jobs. The investment at the company’s current location will include an additional 60 acres of land. The company also announced third quarter financial results…
West Fraser has announced that it has entered into an agreement to acquire Spray Lake Sawmills located in Cochrane, Alberta subject to certain post-closing adjustments. Spray Lake Sawmills produces treated wood products, dimensional lumber and a variety of residuals and biproducts, with an annual lumber capacity of 155 MMBF and…
Hank Ketcham, Chairman of West Fraser’s Board of Directors, announced that Ray Ferris, current West Fraser President and Chief Executive Officer, plans to retire on December 31, 2023. Ferris has been with West Fraser for over 26 years in increasingly senior positions culminating in his appointment as…
West Fraser Timber Co. Ltd. has entered into an agreement to acquire the Angelina Forest Products (AFP) southern yellow pine sawmill in Lufkin, Tex. for $300 million (U.S.). The new sawmill began construction in 2018, commenced operations in late 2019 and is expected to progress toward full production capacity of more than…
West Fraser Timber Co. Ltd. is acquiring all of the outstanding common shares of Norbord, the world’s largest oriented strandboard producer, for $3.1 billion. Following closing, the combined company will operate as West…
West Fraser announced temporary production curtailments during which all mill activities will be reduced for one week in June at five British Columbia sawmills: Chetwynd, Quesnel, Williams Lake,...
Analyst: Canfor Corp., West Fraser Timber Merger SpeculationRecent activity at West Fraser Timber Co. Ltd. has revealed that British Columbian billionaire Jim Pattison owns a significant minority...
The warning bell has been sounding for several years that the opportunity to extract economic value from pine beetle-killed trees would come to an end. West Fraser has focused on salvaging dead pine...
West Fraser continues to grow its lumber business in the U.S. South and in western Canada. The company announced that it has entered into an agreement to acquire the Bibler Brothers Lumber sawmill...
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