West Fraser Announces
Mountain Pine Beetle Plan
Timber Rights Exchange – Mill Closure – Capital Investment
Vancouver, B.C. – West Fraser today announced a comprehensive Mountain Pine Beetle Plan (the “MPB Plan”) to address the effects of the mountain pine beetle infestation in the interior of British Columbia (“B.C.”). The infestation has killed vast portions of the interior pine forest, resulting in a continuing deterioration and loss of merchantable timber available to wood products producers in the interior of B.C. The goal of the Company’s MPB Plan is to ensure the viability and competitiveness of its B.C. operations in response to the lack of available timber supply following the beetle infestation.
West Fraser shares trade on the Toronto Stock Exchange under the symbol: “WFT”.
Tara Knight, Communications
[email protected], (604) 895-2773
Larry Hughes, Vice-President, Finance, Chief Financial Officer and Secretary
Rodger Hutchinson, Vice-President, Corporate Controller