West Fraser Announces Additional Production Adjustments in Response to COVID-19 Pandemic

West Fraser announced on Friday, April 3^rd, additional production adjustments in response to the ongoing COVID-19 pandemic.  Lumber: Starting on Monday April 6th, SPF production will be reduced by 30 to 40 million board feet of production per week, which represents between 45% and 60% of SPF production. SYP production will continue in line with the reductions previously announced on March 19. Panels: Starting on Monday April 6th, plywood production at the company’s 3-plywood mills will be further adjusted on an ongoing basis. It is expected that curtailments of at least 5,000 MSF of plywood production will continue. MDF and LVL production may also be reduced, primarily through the reduction of operating hours. Pulp: Starting on Monday April 20th the joint venture Cariboo Pulp and Paper facility will be taking ~ 4-weeks of downtime. The pulp mill downtime is in part due to decreased fiber availability from widespread sawmill curtailments in B.C