Western Forest Products Inc.
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in mil. unless spec.- CEO
- J. Steven Hofer
- Full Time Employees
- 1,627
- Sector
- Basic Materials
- Industry
- Paper, Lumber & Forest Products
- Address
- Royal Centre Building Vancouver BC Canada V6E 3P3
- IPO Date
- Aug 13, 2012
- Website
- westernforest.com
- Similar Companies
- Business
- Western Forest Products Inc. is a Canadian softwood forest products company engaged in timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, value-added lumber remanufacturing, and wholesaling of purchased lumber products. The company manufactures and sells an extensive range of appearance, engineered, structural, and industrial wood products, including premium species such as Western Red Cedar, Yellow Cedar, Douglas Fir, and Hemlock for outdoor living applications like decking and siding; interior living products for design and finishing; exterior appearance items such as soffits, fascia, trim, and paneling; and engineered solutions for residential, commercial, and industrial uses including architectural, structural, and glulam remanufacturing. Its operations encompass six sawmills with annual lumber capacity exceeding 1.1 billion board feet, two value-added remanufacturing plants, and timberland management with an annual allowable cut of approximately 6.2 million cubic meters primarily from Crown lands on Vancouver Island and the British Columbia coastal mainland, supplemented by private timberlands; products are marketed to over 25 countries including the United States, Japan, China, and Europe. Founded in 1955 and headquartered in Vancouver, British Columbia, the company maintains operations across coastal British Columbia and Washington State, with all forests under its care certified to internationally recognized standards and a commitment to planting 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, through which the nations acquired a 34% interest in Western's Mid-Island Forest Operations covering 157,000 hectares near Campbell River and Sayward for $35.9 million, supported by a long-term fibre supply agreement; implementation of a share consolidation in 2025; establishment of a new US$30 million bilateral letter of credit facility; and ongoing investor activity highlighted by Kernwood Limited increasing its stake to 16.42% as of October 2025, alongside lumber production curtailments amid market challenges.
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 Release Date of Second Quarter 2025 Results and Conference Call Details
Western Forest Products Inc. Announces Implementation of Share Consolidation
Western Forest Products Inc. Announces Fire Damages Columbia Vista Division Sawmill
Western Forest Products Inc. (WFSTF) Q1 2025 Earnings Call Transcript
Western Forest Products Inc. Announces Results of Annual General and Special Meeting of Shareholders
Western Announces First Quarter 2025 Results