West Fraser Timber Co Ltd - Company Profile
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West Fraser Timber Co Ltd (West Fraser) is a company engaged in the production and distribution of wood products. The company's main activities include manufacturing lumber, engineered wood products, pulp, newsprint, and wood chips. Its major products encompass oriented strand board, laminated veneer lumber, medium-density fiberboard, plywood, and particleboard. Notable products include Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), and Laminated Veneer Lumber (LVL). West Fraser's products are utilized in home construction, repair, and remodeling, industrial applications, and the production of paper and tissue. It serves a diverse range of customers across various industries, providing solutions for structural components, roof sheathing, decking, and interior finishes. The company has its operations across Canada, the US, the UK, and Europe, targeting markets in these regions. West Fraser is headquartered in Vancouver, British Columbia, Canada.
Headquarters
Canada
Address
Suite 1500, 885 West Georgia Street, Vancouver, British Columbia, V6C3E8
Website
www.westfraser.com
Telephone
1 604 8952700
No of Employees
9,689
Industry
Agriculture and Forestry
Ticker Symbol & Exchange
WFG (TSE)
Revenue (2024)
$5.5B
-11.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-18660%
(2024 vs 2023)
Market Cap*
$5.4B
Net Profit Margin (2024)
XYZ
-21,362.5%
(2024 vs 2023)
* As of and is in US$
West Fraser Timber Co Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Pulp and Paper |
| Lumber |
| Bioproducts |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Plans/Strategy | In November, the company announced its plans to close its Augusta, Georgia, and 100 Mile House, British Columbia lumber mills by the end of 2025. |
| 2024 | Plans/Strategy | In September, the company announced its plans to reduce its sawmill in Lake Butler, Florida, the US. |
| 2024 | Contracts/Agreements | In April, the company signed an agreement to acquire a 50% stake in Cariboo Pulp and Paper Company Limited from Mercer Peace River Pulp Ltd. |
Competitor Comparison
| Key Parameters | West Fraser Timber Co Ltd | Weyerhaeuser Co | Canfor Corp | Stella-Jones Inc | Interfor Corp |
|---|---|---|---|---|---|
| Headquarters | Canada | United States of America | Canada | Canada | Canada |
| City | Vancouver | Seattle | Vancouver | Saint-Laurent | Burnaby |
| State/Province | British Columbia | Washington | British Columbia | Quebec | British Columbia |
| No. of Employees | 9,689 | 9,517 | 6,406 | 3,200 | 3,562 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Henry H. Ketcham | Chairman | Executive Board | 2016 | - |
| Sean P. McLaren | President; Director; Chief Executive Officer | Executive Board | 2024 | - |
| Christopher A. Virostek | Executive Vice President; Chief Financial Officer | Senior Management | 2017 | - |
| Ellis Ketcham Johnson | President - Private Philanthropic Foundation | Senior Management | - | - |
| Robin A. Lampard | Senior Vice President - Corporate Services | Senior Management | 2025 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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