West Fraser Adjusts Output

Due to wildfires in British Columbia, slowing orders for forest products, constraints on the availability of resins used in the manufacture of panel products, transportation service interruptions, and overall inventory levels, West Fraser Timber Co. Ltd. has adjusted output at its British Columbia SPF, US South SYP, North American OSB, and Canadian plywood facilities by between five and 10 per cent of available capacity over the first two months of the third quarter of 2021. The company has reduced operating schedules at multiple locations and anticipates reduced operating rates through the remainder of the third quarter, depending on inventory levels, economic log supply, fires, weather conditions, availability of labour due to the continuing impacts of COVID-19, availability of raw materials, and transportation resources and customer needs.