Western Forest Products Inc. recently announced plans to temporarily reduce its lumber production over the next month by approximately 19 million board feet due to weak market conditions.
The temporary reduction in lumber production will be spread across certain sawmills in the Company’s British Columbia manufacturing platform through the remainder of June and into early July. Remanufacturing and shipping operations will continue uninterrupted. Lumber production at impacted sites is expected to resume in mid-July depending on market conditions and available log supply.
The Company will continue to evaluate market conditions on an ongoing basis with a view to maintain a balance between production and demand. Western is an integrated forest products company building a margin-focused log and lumber business to compete successfully in global softwood markets. With operations and employees located primarily on the coast of British Columbia and Washington State, Western is a premier supplier of high-value, specialty forest products to worldwide markets.