West Fraser Announces Closure Of Fraser Lake Sawmill

West Fraser Timber Co

22/01/2024 23:03

West Fraser Timber Co Ltd  WFG.TO :
    * WEST FRASER TIMBER CO LTD - WEST FRASER ANNOUNCES CLOSURE
OF
FRASER LAKE SAWMILL
    * WEST FRASER TIMBER CO LTD: CLOSURE OF FRASER LAKE SAWMILL
WILL
IMPACT APPROXIMATELY 175 EMPLOYEES
    * WEST FRASER TIMBER CO LTD - MILL CLOSURE WILL REDUCE WEST
FRASER'S CANADIAN LUMBER CAPACITY BY APPROXIMATELY 160 MILLION
BOARD FEET
    * WEST FRASER TIMBER CO LTD - ANTICIPATES RECORDING
RESTRUCTURING
AND IMPAIRMENT CHARGES OF APPROXIMATELY $81 MILLION IN Q4 OF
2023
    * WEST FRASER TIMBER CO LTD: EXPECTS TO MITIGATE IMPACT ON
AFFECTED EMPLOYEES BY PROVIDING WORK OPPORTUNITIES AT OTHER WEST
FRASER OPERATIONS

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