Western Forest Products Inc.
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in mil. unless spec.Company Description
- CEO
- J. Steven Hofer
- Full Time Employees
- 1,627
- Sector
- Non-energy minerals
- Industry
- Forest products
- Address
- Royal Centre Building Vancouver BC Canada V6E 3P3
- IPO Date
- Oct 25, 2007
- Website
- westernforest.com
- Similar Companies
- Business
- Western Forest Products Inc. Western Forest Products Inc. operates as an integrated forest products company focused on sustainable forest management, timber harvesting, sawmilling, and manufacturing high-quality specialty wood products from species including Western Red Cedar, Yellow Cedar, Douglas Fir, and Hemlock. The company produces and sells lumber, logs, value-added remanufactured products such as glue-laminated timber (glulam), engineered wood products for structural and industrial applications; outdoor living solutions encompassing decking, timbers, and fencing; exterior appearance products like siding, trim, fascia, paneling, and soffits; and interior living items including paneling, moldings, architectural millwork, and stair components, with distribution to industrial, commercial, residential, and wholesale customers worldwide, primarily in Canada, the United States, Japan, China, and Europe. Founded in 1955 and headquartered in Vancouver, British Columbia, Canada, it manages approximately two million hectares of certified coastal forestland in British Columbia and Washington State, emphasizing reforestation, zero-waste manufacturing, and planting more than three trees for every one harvested. Recent developments include the formation of a limited partnership in early 2024 with Tlowitsis, We Wai Kai, Wei Wai Kum, and K’ómoks First Nations, transferring a 34% interest in Mid Island Forest Operations covering 157,000 hectares for $35.9 million to advance reconciliation and joint stewardship; entry into a new US$30 million bilateral letter of credit facility in September 2025 with Royal Bank of Canada, backed by Export Development Canada; a share consolidation effective in 2025; lumber production curtailments amid market challenges; and increased shareholding by Kernwood Limited to 16.42% as of October 2025.
Company News
Western Forest Products (OTCMKTS:WFSTF) Shares Down 2.3% – Here’s What Happened
Analyzing Western Forest Products (OTCMKTS:WFSTF) and UPM-Kymmene (OTCMKTS:UPMKY)
Western Forest Products Q2 Earnings Call Highlights
Western Forest Products Inc. (WEF:CA) Q2 2026 Earnings Call Transcript
Workers at Western Forest Products Value-Added Division join the United Steelworkers union
Western Forest Products Inc. Announces Results of Annual General Meeting of Shareholders
Western Forest Products Inc. (WEF:CA) Q1 2026 Earnings Call Transcript
Western Forest Products Inc. Announces Release Date of First Quarter 2026 Results and Conference Call Details
Western Forest Products Enters Into New $30 Million Bilateral Term Loan
Western Forest Products Inc. (WEF:CA) Q4 2025 Earnings Call Transcript
Western Announces Fourth Quarter and Fiscal 2025 Results
Western Forest Products Inc. Announces Release Date of Fourth Quarter 2025 Results and Conference Call Details
Western Forest Products (OTCMKTS:WFSTF) Trading 3.5% Higher – Time to Buy?
Western Forest Products Inc. (WEF:CA) Q3 2025 Earnings Call Transcript
Western Forest Products Announces Lumber Production Curtailments
Western Forest Products Inc. Announces Release Date of Third Quarter 2025 Results and Conference Call Details
Western Forest Products Enters Into New US$30 Million Bilateral Letter of Credit Facility
Western Forest Products Inc. Announces Effective Date of Share Consolidation
Western Forest Products Inc. Announces Implementation of Share Consolidation
Western Forest Products Inc. Announces Release Date of Second Quarter 2025 Results and Conference Call Details