Brief: West Fraser Announces Closure Of Maxville Sawmill And Indefinite Curtailment Of Huttig Sawmill

West Fraser Timber Co

09/01/2024 22:03

Jan 9 (Reuters) - West Fraser Timber Co Ltd  WFG.TO :
    * WEST FRASER ANNOUNCES CLOSURE OF MAXVILLE SAWMILL AND
INDEFINITE
CURTAILMENT OF HUTTIG SAWMILL
    * WEST FRASER TIMBER CO LTD - ANTICIPATES TAKING
RESTRUCTURING AND
IMPAIRMENT CHARGES OF APPROXIMATELY $50 MILLION IN Q4 OF 2023
    * WEST FRASER TIMBER CO LTD- EXPECTS TO MITIGATE IMPACT ON
AFFECTED EMPLOYEES BY PROVIDING WORK OPPORTUNITIES AT OTHER
COMPANY OPERATIONS
    * WEST FRASER TIMBER CO- CLOSURE OF MAXVILLE SAWMILL WILL
IMPACT
ABOUT 80 EMPLOYEES, WHILE INDEFINITE CURTAILMENT OF HUTTIG WILL
IMPACT 140 EMPLOYEES

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

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