West Fraser Timber Co. Ltd.

TSX : WFT


West Fraser Timber Co. Ltd.

April 04, 2011 18:32 ET

West Fraser Timber Co. Ltd. ("WFT"): ROC Holdings Ltd. to Purchase Skeena Sawmills Division

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 4, 2011) - West Fraser Timber Co. Ltd. (TSX:WFT) today announced that it has entered into an agreement to sell its Skeena Sawmills Division to ROC Holdings Ltd. The Skeena Sawmills Division includes the Terrace sawmill and related Crown timber tenures. The Terrace sawmill has a single shift capacity of 90 million board feet per year. The sale, which is subject to the satisfaction of normal closing conditions, is expected to be completed in 2011.

West Fraser is an integrated wood products company producing lumber, wood chips, LVL, MDF, plywood, pulp and newsprint. The Company has operations in western Canada and the southern United States.

West Fraser shares trade on the Toronto Stock Exchange under the symbol: "WFT".

Contact Information

  • West Fraser Timber Co. Ltd.
    Wayne Clogg
    Senior Vice-President, Woodlands
    (604) 895-2700
    or
    West Fraser Timber Co. Ltd.
    Dave Lehane
    Vice-President, Canadian Woodlands
    (604) 895-2700
    (604) 681-6061 (FAX)
    www.westfraser.com