West Fraser Announced Indefinite Curtailment Of Two Mills
The company will cut 500 million square feet of oriented strand board capacity and 225 million board feet of southern yellow pine capacity.
4 Articles
4 Articles
West Fraser Announced Indefinite Curtailment Of Two Mills
West Fraser has announced that it will indefinitely curtail its Huguley OSB mill in Lanett, Ala. and lumber mill in Leola, Ark. These curtailments are expected to take effect in the fourth quarter following orderly wind-downs. The company stated that the curtailments are a result of continued weakness in demand for wood products used in new home construction and repair and renovation applications. The curtailments are expected to reduce West Fra…
West Fraser Faces Up to $220M Write-Down as Two Southern Mills Idle
Housing affordability remains a key brake on demand for the wood used in American homes, with 225 million board feet of southern pine capacity set to come out of the US South this quarter. That is according to Vancouver-based West Fraser, which announced on Wednesday that it will indefinitely curtail operations at its Huguley oriented […]
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