Western Forest Products Inc. (TSX: WEF) is a Canadian lumber company based in Vancouver in British Columbia, Canada.
Company type | Public TSX: CFPTSX: WEF |
---|---|
Industry | Forest products |
Founded | Duncan, British Columbia |
Headquarters | Vancouver, British Columbia |
Products | Forest Products |
Revenue | 27.7 million CAN (2010)[1] |
Number of employees | 2,140 (2009)[2] |
Website | westernforest.com |
History
In 1980 Herb Doman of Doman Industries formed Western Forest Products as a joint venture with two other BC forest companies.[3] In the 1990s there were severe financial problems, culminating in the Doman Scandal. In 2004 Western Forest Products acquired the assets of Doman Industries.[2]
Operations
Eight sawmills are located at Chemainus, Cowichan Bay, Duke Point, Ladysmith, Nanaimo, Port Alberni (two mills: Alberni Pacific and Somass) and Saltair. Products are transported to customers via ship, barge, rail or truck.[2]
Sales for 2009 were $580M, distributed geographically as 41% Canada, 37% Asia, 14% USA. Sales by product were 75% lumber, 17% logs, 7% sawmill by-products (e.g. sawdust).[2]
Western Forest Products operates the last logging railroad in North America, the Englewood Railway, purchased from Canfor in 2006.[2]
References
External links