West Fraser Reduces OSB Capacity

Core Points - West Fraser Timber Co. Ltd. announced the indefinite curtailment of its oriented strand board (OSB) mill in High Level, Alberta, due to a significant weakening of OSB demand, which will reduce the company's capacity by 860 million square feet [2][4] - The company will also continue the idling of one production line at its Cordele, Georgia OSB facility, which has a capacity of 440 million square feet [3] - An estimated asset impairment loss of approximately $200 million is expected to be recorded in the fourth quarter of 2025 due to the curtailment of the High Level OSB mill [4] Company Operations - West Fraser operates more than 50 facilities across Canada, the United States, the United Kingdom, and Europe, producing a variety of wood products including lumber, engineered wood products, pulp, and newsprint [5] - The primary uses for West Fraser's North American OSB products include residential construction, repair and remodeling, and industrial applications [4]