West Fraser Timber shutters mill in 100 Mile House, B.C., effecting 165 jobs [Globe and Mail, The (Toronto, Canada)]
West Fraser Timber Co. Ltd Common stock (WFG)
Company Research
Source: Globe and Mail, The
The company is closing its mills in 100 Mile House as it contends with soft lumber demand and tariffs. JONATHAN HAYWARD/The Canadian Press West Fraser Timber Co. Ltd. WFG-T decrease will permanently close its mill in 100 Mile House, B.C., by the end of this year, putting roughly 165 people out of work. It says in a statement that the mill is no longer able to reliably access enough economically viable timber. West Fraser says challenging softwood lumber demand, higher duties and additional tariffs have compounded the situation. The company pays combined countervailing and anti-dumping duties of 26.47 per cent and the Trump administration has threatened to add another 10 per cent , saying Canadian lumber is a risk to U.S. national security. West Fraser says it will also close its mill in Augusta, Ga., and that the 2024 curtailment at mills in Huttig, Ark., and Lake Butler, Fla., will be made permanent to allow the company to “compete in this challenging environment.” Lumb
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WFG
News
- West Fraser Reduces OSB Capacity [Yahoo! Finance]Yahoo! Finance
- West Fraser Reduces OSB CapacityPR Newswire
- Vancouver Island mill latest to close in B.C., 350 jobs lost [Yahoo! Finance Canada]Yahoo! Finance Canada
- West Fraser Timber (TSX:WFG): Fresh Look at Valuation Following Recent Share Price Uptick [Yahoo! Finance]Yahoo! Finance
- RBC Sees Acquisition Opportunities for West Fraser (WFG) as Wood Products Market Weakens Further [Yahoo! Finance]Yahoo! Finance
WFG
Sec Filings
- 12/4/25 - Form 6-K
- 11/6/25 - Form 6-K
- 10/22/25 - Form 6-K
- WFG's page on the SEC website