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West Fraser Reduces OSB Capacity
West Fraser will take a US$200 million charge due to the OSB mill curtailment caused by weakening demand and supply imbalances from tariffs and lower housing affordability.
- On Dec. 4, 2025, West Fraser Timber Co. Ltd. announced it will indefinitely curtail its High Level, Alberta OSB mill in the spring of 2026, affecting approximately 190 employees whom the company will try to relocate.
- The company says the decision stems from weakened oriented strand board demand, and CEO Sean McLaren said lower housing affordability and Canadian softwood lumber tariffs created imbalances.
- The move cuts 860 million square feet of OSB capacity, and one Cordele, Georgia OSB production line off-line since late 2023 will remain indefinitely idled.
- Recording the reductions, West Fraser Timber Co. Ltd. expects to take an approximately $200 million asset impairment loss in the fourth quarter of 2025 and reported a US$204 million net loss in the third quarter.
- Amid wider industry cutbacks, last month West Fraser announced it would close the 100 Mile House lumber mill by 2025, while a Vancouver Island pulp mill closure affects around 350 employees.
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The Berkshire Eagle+44 Reposted by 44 other sources
West Fraser Reduces OSB Capacity
VANCOUVER, BC, Dec. 4, 2025 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced today that it will indefinitely curtail its oriented strand board (OSB) mill in High Level, Alberta in the…
West Fraser To Curtail OSB Production At High Level Mill
The weakening real estate market in Canada is evidently having downstream effects on the lumber industry, with West Fraser Timber (TSX: WFG) this morning announcing that it will be curtailing production of oriented strand board, or OSB, products. The latest curtailment is set to occur at West Fraser’s High Level, Alberta mill, with the curtailment […]
Coverage Details
Total News Sources55
Leaning Left9Leaning Right5Center16Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 30%
C 53%
R 17%
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