West Fraser Timber Co. Ltd.

West Fraser Timber Co. Ltd.

April 02, 2009 17:58 ET

West Fraser ("WFT") Announces Additional U.S. Lumber Curtailments

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 2, 2009) - West Fraser (TSX:WFT) today announced additional curtailments of lumber production at its U.S. operations. Production will be curtailed for two weeks beginning April 6, 2009 at the Company's mills located at Leola, Arkansas and Whitehouse, Florida. The Company's mill located at Maplesville, Alabama will also be curtailed for two weeks beginning April 20, 2009. These temporary curtailments are in addition to indefinite curtailments announced previously at the Company's facilities located in McDavid, Florida, Citronelle, Alabama and Folkston, Georgia. These curtailments are in response to continued weak lumber markets in the U.S.

This News Release contains certain statements about potential future developments, in particular, the Company's plans to curtail future lumber production. These are forward-looking statements and are presented to provide reasonable guidance to the reader but their accuracy depends on a number of assumptions and is subject to various risks and uncertainties. Actual outcomes and results may differ materially from those anticipated or projected. Accordingly, readers should exercise caution in relying upon forward-looking statements and the Company undertakes no obligation to publicly revise them to reflect subsequent events or circumstances.

West Fraser is an integrated wood products company producing lumber, LVL, MDF, plywood, pulp, linerboard, kraft paper and newsprint.

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

Contact Information

  • West Fraser Timber Co. Ltd.
    Gerry Miller
    Executive Vice-President,
    Finance and Chief Financial Officer
    (604) 895-2700
    West Fraser Timber Co. Ltd.
    Rodger Hutchinson
    Vice-President, Corporate Controller
    (604) 895-2700
    (604) 681-6061 (FAX)
    Website: www.westfraser.com