Who owns West Fraser Lumber?
Who owns West Fraser Lumber?
Who owns West Fraser Lumber?
In April 2020, it was revealed that Jim Pattison had upped his stake in West Fraser to 13.8% ownership, prompting speculation that the Canadian billionaire had plans to merge the company with Canfor, of which he owns 51%.
Where is West Fraser based?
Vancouver, British Columbia
Based in Vancouver, British Columbia, West Fraser is a diversified wood products company producing lumber, LVL, MDF, plywood, pulp, newsprint, wood chips, other residuals, and energy with facilities in western Canada and the southern United States.
What kind of company is West Fraser?
wood products company
West Fraser Timber Co. Ltd. is a diversified wood products company. The Company produces oriented strand board, laminated veneer lumber, medium density fiberboard, plywood, particleboard, and other wood products including pulp, newsprint, wood chips, and renewable energy.
How many locations does West Fraser have?
We have 8,053 employees in more than 50 locations including operating facilities and office locations. For the year ending Dec 31, 2020, we operate 21 lumber mills in the US and are a diversified producer of wood products with access to extensive timber resources in Canada.
Is West Fraser Timber stock a buy?
There are currently 3 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should “buy” West Fraser Timber stock.
Why is lumber so expensive Canada?
As if Canada’s housing sector wasn’t already irrational enough, a pandemic-induced lumber shortage is pushing the price of building a home even higher. And that’s left mills scrambling to get logs, lumber yards short on supply, and contractors forced to pay more for what supply is available.
Why is lumber so expensive in Canada?
A huge demand for new construction, a housing shortage and a short-fall in lumber supply are all reasons behind the high price, Lee said. “They’ve been growing at an astronomical rate and they really are changing weekly,” he said. “It went up a lot in the early fall because of the lumber industry having to catch up …
Where are the West Fraser Wood Products located?
Company West Fraser is a diversified wood products company with more than 60 facilities in Canada, the United States, the United Kingdom, and Europe.
How do I get in touch with West Fraser?
Our company will contact applicants via email using a West Fraser account (i.e. @westfraser.com) or on a phone call. Unless it’s your preferred method of contact, or it’s the only option available, it’s unlikely we will text candidates. We don’t provide opportunities to work from home with our company.
Is the West Fraser Company a good employer?
West Fraser is consistently recognized as one of Canada’s Top 100 Employers, and that’s just a sample of our Company’s awards. We have a thriving company culture and are always seeking talented people (like you!) to join our growing team.
Where is the Canadian corporate office in West Fraser?
Canadian Corporate Office 858 Beatty Street, Suite 501