Latest news with #WestFraser
BBC News
2 days ago
- Business
- BBC News
'Cloud factory' timber plant near Inverness to get own rail yard
Plans for a new rail yard next to an industrial site on the outskirts of Inverness have been approved by Highland aim of the development is to reduce the number of HGVs travelling on the roads to deliver timber to the Norbord plant, known locally as the "cloud factory" because of steam that rises from a large West Fraser Europe Ltd plan to build new rail sidings, about 560m (1,837ft) in length, that would be connected to the Inverness to Aberdeen first trains are expected to arrive at the site by next year but the full expansion would not be completed until 2028. West Fraser Europe Ltd said the plan would help give the wood panel manufacturing plant a sustainable future. It is anticipated about 20,000 HGV movements would be removed from the road network in favour of transportation by emission reductions are predicted to be in the region of 9,000 by local democracy reporter Will Angus.
Globe and Mail
11-06-2025
- Business
- Globe and Mail
West Fraser Declares Dividend
VANCOUVER, BC , June 11, 2025 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) has declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on July 14, 2025 to shareholders of record on June 26, 2025. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act ( Canada ) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available on our website at in the "Investors/Dividends" section. About West Fraser West Fraser is a diversified wood products company with more than 50 facilities in Canada , the United States , the United Kingdom , and Europe , which promotes sustainable forest practices in its operations. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, and other residuals. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers and tissue. For more information about West Fraser, visit:
Yahoo
11-06-2025
- Business
- Yahoo
West Fraser Declares Dividend
VANCOUVER, BC, June 11, 2025 /CNW/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) has declared a quarterly dividend of US$0.32 per share on the Common shares and Class B Common shares in the capital of the Company, payable on July 14, 2025 to shareholders of record on June 26, 2025. Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligible dividends. Dividends are declared and payable in U.S. dollars. Shareholders may elect to receive their dividends in Canadian dollars. Details regarding the election procedure are available on our website at in the "Investors/Dividends" section. About West FraserWest Fraser is a diversified wood products company with more than 50 facilities in Canada, the United States, the United Kingdom, and Europe, which promotes sustainable forest practices in its operations. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, and other residuals. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers and tissue. For more information about West Fraser, visit: View original content: SOURCE West Fraser Timber Co. Ltd. View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
02-06-2025
- Business
- Cision Canada
West Fraser Credit Facility and Term Loan Renewals Increase Liquidity
VANCOUVER, BC, June 2, 2025 /CNW/ - Today, West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced it has entered into a syndicated credit agreement providing for the renewal of its $1 billion credit facility and extension of the facility's maturity from July 2028 to May 2030. The renewed credit facility is undrawn and is made available on substantially the same terms and conditions as the Company's existing credit facility. Additionally, the Company has increased and extended its existing $200 million term loan maturing July 2025. The new term loan is for $300 million and matures May 2028. "We exited the first quarter of 2025 with more than $1.4 billion of available liquidity, and with this renewed credit facility and expanded term loan we have further strengthened West Fraser's near-term liquidity and financial flexibility," said Sean McLaren, President and CEO, West Fraser. West Fraser is a diversified wood products company with more than 50 facilities in Canada, the United States, the United Kingdom, and Europe, which promotes sustainable forest practices in its operations. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, and other residuals. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers and tissue. For more information about West Fraser, visit For More Information Media Contact Joyce Wagenaar Director, Communications Tel. (604) 817-5539 [email protected] Investor Contact Robert B. Winslow, CFA Director, Investor Relations & Corporate Development Tel. (416) 777-4426 [email protected] SOURCE West Fraser Timber Co. Ltd.
Associated Press
02-06-2025
- Business
- Associated Press
West Fraser Credit Facility and Term Loan Renewals Increase Liquidity
VANCOUVER, BC, June 2, 2025 /PRNewswire/ - Today, West Fraser Timber Co. Ltd. ('West Fraser' or the 'Company') (TSX and NYSE: WFG) announced it has entered into a syndicated credit agreement providing for the renewal of its $1 billion credit facility and extension of the facility's maturity from July 2028 to May 2030. The renewed credit facility is undrawn and is made available on substantially the same terms and conditions as the Company's existing credit facility. Additionally, the Company has increased and extended its existing $200 million term loan maturing July 2025. The new term loan is for $300 million and matures May 2028. 'We exited the first quarter of 2025 with more than $1.4 billion of available liquidity, and with this renewed credit facility and expanded term loan we have further strengthened West Fraser's near-term liquidity and financial flexibility,' said Sean McLaren, President and CEO, West Fraser. About West Fraser West Fraser is a diversified wood products company with more than 50 facilities in Canada, the United States, the United Kingdom, and Europe, which promotes sustainable forest practices in its operations. The Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, and other residuals. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers and tissue. For more information about West Fraser, visit For More Information Media Contact Joyce Wagenaar Director, Communications Tel. (604) 817-5539 [email protected] Investor Contact Robert B. Winslow, CFA Director, Investor Relations & Corporate Development Tel. (416) 777-4426 [email protected] View original content: SOURCE West Fraser Timber Co. Ltd.
