15.20
-1.17%
Close of 9 Nov 2026, in CAD
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About Western Forest Products
Its shares trade on Toronto Stock Exchange under the ticker WEF.TO. It has been listed since 3 August 2004. In the fiscal year to 31 December 2025, it reported revenue of C$986.5m and a net loss of C$79.8m. At that date it held total assets of C$738.0m and shareholders' equity of C$476.6m.
Western Forest Products, Inc. perates wood sawmills. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2004-08-03. The firm's primary business includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and lumber remanufacturing. The firm's log and lumber products are sold throughout the world. Its business includes the harvesting of timber, reforestation, forest management, the manufacturing and sale of lumber and wood chips, and the sale of logs. Its Lumber by species include hemlock and balsam; douglas fir; yellow and western red cedar. Its Logs include saw logs and pulp logs. Its eight facilities produce a multitude of products from framing material to timbers, decking and siding; components for doors, windows and moldings, and niche products for customers throughout the world. Its other products include Hem-Fir products, such as Green Hem Fir, Kiln-Dried Hem-Fir and Structural Hem-Fir products, and Sitka Spruce products.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Paper & Forest Products
- Listed since
- 3 Aug 2004
- Employees
- 2,153
- Website
- westernforest.com ↗
Leadership
Pay as last reported
- Mr. Daniel NocenteNon-Executive Independent Chairman of the BoardC$273,333
- Mr. Steven HoferPresident, Chief Executive Officer, Director, since 2022C$2.2m
- Mr. Glen NontellChief Financial OfficerC$1.1m
- Ms. Alyce HarperSenior Vice President, General Counsel, Corporate SecretaryC$922,875
- Mr. Bruce AlexanderSenior Vice President - Sales, Marketing and ManufacturingC$1.3m
- Ms. Jennifer FosterSenior Vice President - Human Resources and Corporate AffairsC$1.2m
- Mr. Darren GwozdVice President - Finance
- Mr. Jonathan ArmstrongVice President - Forest Stewardship and Fibre Supply
- Mr. Donald HolmesVice President - Timberlands
- Mr. Dallyn WillisVice President - Coastal Commercial Partnerships
- Ms. Laura CillisNon-Executive Independent DirectorC$203,333
- Mr. Randy KrotowskiNon-Executive Independent DirectorC$183,333
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 66
- Environment
- 66
- Social
- 67
- Governance
- 66
- Direct emissions (scope 1)
- 156,572 t
- Energy emissions (scope 2)
- 3,871 t
- Value chain emissions (scope 3)
- 1,448,190 t
- Women in the workforce
- 15.1%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Western Forest Products operates eight facilities producing lumber and wood chips globally.
- Hem-Fir and Sitka Spruce products are key offerings for global markets.
- Timber harvesting, reforestation, and forest management are core business activities.
Weaknesses
- The company's primary business relies on timber harvesting and sawmilling without diversification.
- Employees are limited to 2,153 full-time staff without mention of expansion plans.
- The company has no mention of digital transformation initiatives in its operations.
Opportunities
- The global demand for hemlock and balsam lumber presents growth potential.
- Douglas fir and cedar products can expand into new international markets.
- Wood chips are used in various industries, offering additional revenue streams.
Threats
- The company faces competition from other forest product manufacturers in Canada.
- Regulatory changes in forest management could impact operations.
- Climate change may affect timber harvesting and reforestation efforts.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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