Business
West Fraser Provides Operational and Corporate Updates
West Fraser Provides Operational and Corporate Updates Canada NewsWire ...
About this update from West Fraser Timber Co. Ltd.
[{"type":"text","content":"\n \n \n \n West Fraser Provides Operational and Corporate Updates\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n March 29, 2021\n \n /CNW/ - West Fraser Timber Co. Ltd. (\"\n \n West Fraser\n \n \" or the \"\n \n Company\n \n \") (TSX: WFG) (NYSE: WFG) announced today operational updates on its\n \n Dudley, Georgia\n \n lumber mill and\n \n Chambord, Quebec\n \n oriented strand board (OSB) mill as well as the filing of a preliminary short form base shelf prospectus. West Fraser further announced that its wholly-owned subsidiary Norbord Inc. (\"Norbord\") has made an application to cease to be a reporting issuer in\n \n Canada\n \n .\n \n \n \n \n Operational Updates\n \n \n \n \n Progress on the Company's new lumber manufacturing complex in\n \n Dudley\n \n remains on track with management's initial expectations. Substantial portions of the new mill are being commissioned and are ramping up, with the new site expected to be fully operational by the end of the second quarter of 2021. Operations at the legacy site will be wound down by the end of the second quarter. When completed and fully ramped up, annual production capacity at the site will increase by 170 million board feet to 270 million board feet, expected to be achieved over the next several years. The Dudley site represents the second full site modernization in the US South by the Company since 2017.\n \n \n The Company's OSB mill in\n \n Chambord\n \n has completed commissioning and panels are now being produced and shipped to customers. The Company expects to obtain APA – The Engineered Wood Association certification of\n \n Chambord's\n \n commodity OSB grades within the coming weeks. The\n \n Chambord\n \n mill has started the ramp up towards its stated annual production capacity of 550 million square feet (3/8-inch basis), which typically takes 18-24 months. After significant re-investment and with a strong available labour force and committed wood supply in the region, the\n \n Chambord\n \n mill is expected to be amon...