VANCOUVER, BC, Dec. 4, 2025 /PRNewswire/ – West Fraser Log Co. Ltd. (“West Fraser” or the “Company”) (TSX andNYSE: WFG) introduced lately that it’s going to indefinitely curtail its orientated strand board (OSB) mill in Prime Stage, Alberta within the spring of 2026 following an orderly wind-down and intake of the mill’s present timber provide.
Nowadays’s resolution is the results of a vital weakening of OSB call for and is predicted to loose West Fraser’s capability through 860 million sq. ft (3/8-inch). West Fraser expects to mitigate the affect at the approximate 190 affected workers on the website online through offering paintings alternatives at alternative corporate operations, the place to be had.
West Fraser additionally showed that the idling of one in all its manufacturing traces at its Cordele, Georgia OSB facility since past due 2023 will proceed indefinitely. The idled manufacturing form at Cordele has a capability of 440 million sq. ft (3/8-inch).
Essentially the most important makes use of for West Fraser’s North American OSB merchandise are residential development (sheathing, sub-flooring, roof decking, and many others.), restore and remodelling and commercial programs. The Prime Stage mill has been within the West Fraser folk for the reason that OSB form of industrial used to be received in 2021.
West Fraser expects to report an roughly $200 million asset impairment loss within the fourth quarter of 2025 in reference to the indefinite curtailment of the Prime Stage OSB mill.
About West Fraser
West Fraser is a assorted timber merchandise corporate with greater than 50 amenities in Canada, the US, the United Kingdom, and Europe, which promotes sustainable woodland practices in its operations. The Corporate produces lumber, engineered timber merchandise (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, timber chips, and alternative residuals. West Fraser’s merchandise are worn in house development, restore and remodelling, commercial programs, papers and tissue. For more info about West Fraser, consult with www.westfraser.com.
Ahead-Having a look Statements
This information let fall accommodates forward-looking data or forward-looking statements (jointly, “forward-looking statements”) throughout the that means of appropriate securities regulations, together with the ones with regards to the Corporate’s indefinite curtailment of its Prime Stage OSB mill and one in all its manufacturing traces of its Cordele, Georgia OSB mill, the expected timing of wind-down, usage of present timber provide and curtailment of the Prime Stage OSB mill, anticipated aid of OSB capability, expected asset impairment loss within the fourth quarter of 2025 in addition to matching staff affect and our talent to mitigate the affect on affected workers. The sort of forward-looking statements are in accordance with data these days to be had to us and are in accordance with guesses and analyses made through us bearing in mind our enjoy and our belief of ancient traits and tide statuses and are topic to inherent dangers and uncertainties together with our evaluate of important weakening of OSB call for, the dimensions of the estimated asset departure loss and the facility, prices and future to, breeze ailing, loose present timber provide and curtail the Prime Stage OSB mill, in addition to alternative elements impacting the call for and costs of our OSB in North The us and the consequential affect at the profitability of our Canadian trade, monetary status and result of operations. Readers must additionally the following the chance elements and uncertainties poised forth within the Corporate’s annual data method and control’s dialogue and research for the while ended December 31, 2024, every dated February 12, 2025, as up to date in our control’s dialogue and research quarterly reviews filed from future to future, every to be had at SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov/edgar). There can also be refuse word that the plans, intentions, or expectancies upon which forward-looking statements are based totally can be discovered. Unedited effects might vary, and the remaining could also be subject material and adversarial to the Corporate and its shareholders. With the exception of as could also be required through legislation, the Corporate undertakes refuse legal responsibility to publicly replace or revise any forward-looking statements.
SOURCE West Fraser Log Co. Ltd.
