Brief: West Fraser Amends Its British Columbia Operating Plan

West Fraser Timber Co

09/08/2022 23:07

Aug 9 (Reuters) - West Fraser Timber Co Ltd  WFG.TO :
    * WEST FRASER AMENDS ITS BRITISH COLUMBIA OPERATING PLAN
    * WEST FRASER TIMBER CO - PERMANENTLY CURTAILING
APPROXIMATELY 170
MILLION BOARD FEET OF COMBINED PRODUCTION AT ITS FRASER LAKE AND
WILLIAMS LAKE SAWMILLS
    * WEST FRASER TIMBER CO LTD - PERMANENTLY CURTAILING
APPROXIMATELY
85 MILLION SQUARE FEET OF PLYWOOD PRODUCTION AT ITS QUESNEL
PLYWOOD MILL
    * WEST FRASER TIMBER CO LTD - CURTAILMENTS WILL BE REALIZED
THROUGH ELIMINATION OF ONE SHIFT AT EACH FACILITY
    * WEST FRASER TIMBER CO LTD - REDUCTION IN CAPACITY IS
EXPECTED TO
IMPACT 77 POSITIONS AT FRASER LAKE SAWMILL, 15 POSITIONS AT
WILLIAMS LAKE LUMBER
    * WEST FRASER TIMBER CO LTD - REDUCTION IN CAPACITY IS
EXPECTED TO
IMPACT 55 POSITIONS AT QUESNEL PLYWOOD
    * WEST FRASER TIMBER CO LTD - EXPECTS TO MITIGATE IMPACT ON
EFFECTED EMPLOYEES BY PROVIDING WORK OPPORTUNITIES AT OTHER WEST
FRASER OPERATIONS

Source text for Eikon:  ID:nCNWsv2jHa 
Further company coverage:  WFG.TO 

 ((Reuters.Briefs@thomsonreuters.com;))