West Fraser Timber is a prominent North American forest products company that specializes in manufacturing and distributing a wide range of wood-based products
The company operates sawmills, plywood mills, and engineered wood facilities, producing lumber, panels, and other wood products used in construction and various industrial applications. With a strong commitment to sustainability and responsible forestry practices, West Fraser emphasizes environmental stewardship while delivering high-quality materials that support the building and construction sectors. Their extensive product line caters to both residential and commercial markets, making them a key player in the timber industry.
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VANCOUVER, British Columbia, April 02, 2024 (GLOBE NEWSWIRE) -- West Fraser Timber Co. Ltd. ("West Fraser") (TSX and NYSE: WFG) and Mercer International Inc. ("Mercer") (NASDAQMERC) announced today an agreement to dissolve their 50/50 joint venture in Cariboo Pulp and Paper. West Fraser will continue as the sole owner/operator of the mill, doing business as Cariboo Pulp and Paper Company.
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During the early months of the Covid-19 pandemic, and despite the broad-based economic fallout that ensued, North American lumber markets (markets for building materials like 2 x 4s used for construction framing) experienced historic gains.
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