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Western Forest Products Inc. Announces Release Date of First Quarter 2026 Results and Conference Call Details
Globenewswire· 2026-03-31 22:00
Group 1 - Western Forest Products Inc. will release its first quarter 2026 financial and operating results on May 6, 2026 [1] - The company will host an analyst conference call on May 7, 2026, at 12:00 p.m. PDT to discuss the results [2] - The conference call will feature Steven Hofer (President and CEO), Glen Nontell (CFO), and Bruce Alexander (SVP, Sales, Marketing and Manufacturing) [2] Group 2 - Western is an integrated forest products company focused on building a margin-oriented log and lumber business for global softwood markets [3] - The company operates primarily in British Columbia and Washington State, with a lumber capacity of 700 million board feet from five sawmills [3] - Western sources timber through long-term licenses, First Nations arrangements, and market purchases, and also offers a wholesale program for specialty products [3]
Western Announces Ratification of La-kwa sa muqw Forestry Limited Partnership and United Steelworkers Agreement
Globenewswire· 2026-02-25 00:53
Core Viewpoint - Western Forest Products Inc. has successfully ratified a new 6-year collective agreement with employees represented by the United Steelworkers Local 1-1937, which is retroactive and will expire on June 14, 2030 [1] Group 1: Collective Agreement and Work Resumption - The ratification of the collective agreement allows La-kwa sa muqw Forestry Limited Partnership (LFLP) to plan a safe and immediate return to work, concluding the work stoppage that began in June 2025 [2] - LFLP is a partnership between the Tlowitsis, We Wai Kai, Wei Wai Kum, and K'ómoks First Nations, holding a 34% interest, while Western holds the remaining 66% [3] Group 2: Company Overview - Western Forest Products is an integrated forest products company focused on building a margin-oriented log and lumber business to compete in global softwood markets [4] - The company operates primarily on the coast of British Columbia and Washington State, with a lumber capacity of 700 million board feet from five sawmills, and also operates four remanufacturing facilities and two glulam manufacturing facilities [4] - Western sources timber through long-term licenses, First Nations arrangements, and market purchases, and supplements production via a wholesale program offering a range of specialty products [4]
Western Forest Products Enters Into New $30 Million Bilateral Term Loan
Globenewswire· 2026-02-17 21:01
Group 1 - Western Forest Products Inc. has amended its $250 million syndicated credit facility to include a new $30 million bilateral term loan with Royal Bank of Canada, which has an initial maturity of July 21, 2028, and can be extended for up to 90 months [1] - The term loan is guaranteed by Business Development Canada under its Softwood Lumber Guarantee Program and is subject to the same financial covenants as the existing credit facility, which remain unchanged [1] - Proceeds from the term loan will be used to repay outstanding drawings of the credit facility [1] Group 2 - Western Forest Products 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, with a lumber capacity of 700 million board feet from five sawmills, and also operates four remanufacturing facilities and two glulam manufacturing facilities [2] - Western sources timber from long-term licenses, First Nations arrangements, and market purchases, and supplements production through a wholesale program offering a comprehensive range of specialty products [2]
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].