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Western Announces Ratification of La-kwa sa muqw Forestry Limited Partnership and United Steelworkers Agreement
Globenewswire· 2026-02-25 00:53
VANCOUVER, British Columbia, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) today announced that employees represented by the United Steelworkers Local 1-1937 at La-kwa sa muqw Forestry Limited Partnership (“LFLP”) have voted to ratify a new collective agreement. The 6-year collective agreement is retroactive and expires June 14, 2030. With the collective agreement ratified, LFLP is planning a safe and immediate return to work, ending the work stoppage ...
Western Forest Products Enters Into New $30 Million Bilateral Term Loan
Globenewswire· 2026-02-17 21:01
VANCOUVER, British Columbia, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today that it has entered into an amendment to its $250 million syndicated credit facility to allow for the concurrent closing of a new $30 million bilateral term loan (the “Term Loan”) with Royal Bank of Canada. The Term Loan has an initial maturity of July 21, 2028, with the potential to extend the term for a total of up to 90 months, and is incremental to the Compa ...
Western Forest Products Inc. Announces Release Date of Third Quarter 2025 Results and Conference Call Details
Globenewswire· 2025-09-22 22:00
Financial Results Announcement - Western Forest Products Inc. will release its third quarter 2025 financial and operating results on November 5, 2025 [1] - An analyst conference call is scheduled for November 6, 2025, at 9:00 a.m. PST (12:00 p.m. EST) [1][2] Company Overview - Western is an integrated forest products company focused on building a margin-oriented log and lumber business to compete in global softwood markets [3] - The company operates primarily on the coast of British Columbia and Washington State, supplying high-value specialty forest products to worldwide markets [3] - Western has a lumber capacity of 780 million board feet from six sawmills, along with four remanufacturing facilities and two glulam manufacturing facilities [3] - Timber is sourced from long-term licenses, First Nations arrangements, and market purchases, supplemented by a wholesale program offering a comprehensive range of specialty products [3]
Western Forest Products Inc. Announces Release Date of Third Quarter 2025 Results and Conference Call Details
Globenewswire· 2025-09-22 22:00
Financial Results Announcement - Western Forest Products Inc. will release its third quarter 2025 financial and operating results on November 5, 2025 [1] - An analyst conference call is scheduled for November 6, 2025, at 9:00 a.m. PST (12:00 p.m. EST) [1][2] Company Overview - Western is an integrated forest products company focused on building a margin-oriented log and lumber business to compete in global softwood markets [3] - The company operates primarily on the coast of British Columbia and Washington State, supplying high-value specialty forest products to worldwide markets [3] - Western has a lumber capacity of 780 million board feet from six sawmills, along with four remanufacturing facilities and two glulam manufacturing facilities [3] - Timber is sourced from long-term licenses, First Nations arrangements, and market purchases, supplemented by a wholesale program offering a range of specialty products [3]
Western Forest Products Enters Into New US$30 Million Bilateral Letter of Credit Facility
Globenewswire· 2025-09-16 23:32
Core Viewpoint - Western Forest Products Inc. has amended its $250 million syndicated credit facility to include a new US$30 million bilateral letter of credit facility with the Royal Bank of Canada, which is guaranteed by Export Development Corporation of Canada [1]. Company Overview - Western Forest Products Inc. is an integrated forest products company focused on building a margin-oriented log and lumber business to compete in global softwood markets [2]. - The company operates primarily on the coast of British Columbia and Washington State, supplying high-value specialty forest products to global markets [2]. - Western has a lumber capacity of 780 million board feet from six sawmills, along with four remanufacturing facilities and two glulam manufacturing facilities [2]. - Timber is sourced from long-term licenses, First Nations arrangements, and market purchases, supplemented by a wholesale program offering a comprehensive range of specialty products [2].