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  5. Western Forest Products Inc.
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    WEF   CA9582112038

WESTERN FOREST PRODUCTS INC.

(WEF)
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Business Summary
Logo Western Forest Products Inc.
Western Forest Products Inc. is a Canada-based softwood forest products company. The CompanyÔÇÖs primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber remanufacturing and wholesaling purchasing lumber. The CompanyÔÇÖs product categories include outdoor living, exterior appearance, interior living, structural, industrial, and LIFESTYLE CEDAR. The outdoor living product category offers decking, timbers, outdoor structures, fencing products. The exterior appearance offers siding, trim & fascia, soffits, door & window products. The interior living product category offers Interior paneling, interior moldings, architectural millwork, and stair components. For structural, the Company offers timbers, framing, Japanese housing, and engineered products. For industrial, the Company offers bridge, docks, rail ties, cross arms, and mat stock. The LIFESTYLE CEDAR product category offers decking and fencing.

Number of employees : 2 153 people.
Sales per Business
20192020Delta
Lumber628.3077.9%737.2076.7% +17.33%
Logs144.0017.8%200.5020.9% +39.24%
By-products35.404.4%27.202.8% -23.16%
CAD in Million
Sales per region
20192020Delta
Canada275.9034.2%328.7034.2% +19.14%
United States216.2026.8%311.2032.4% +43.94%
China133.5016.5%158.2016.5% +18.5%
Japan118.6014.7%104.4010.9% -11.97%
Other47.505.9%46.304.8% -2.53%
Europe16.002%16.101.7% +0.63%
CAD in Million
Managers
Name Title Age Since
Donald Eugene Demens President, Chief Executive Officer & Director 59 2020
Stephen D. A. Williams Chief Financial Officer & Executive VP - 2018
Daniel Louis Nocente Lead Independent Director 65 2015
Michael T. Waites Independent Chairman 67 2019
Jane M. Bird Independent Director 59 2015
Laura A. Cillis Independent Director 62 2019
Cheri Dunmore Phyfer Independent Director 49 2019
Randy M. Krotowski Independent Director - 2021
John Williamson Independent Director 59 2021
Alyce Harper Secretary, Vice President & General Counsel - 2020
Members of the board
Name Title Age Since
Michael T. Waites Independent Chairman 67 2019
Donald Eugene Demens President, Chief Executive Officer & Director 59 2020
Daniel Louis Nocente Lead Independent Director 65 2015
Jane M. Bird Independent Director 59 2015
Laura A. Cillis Independent Director 62 2019
Cheri Dunmore Phyfer Independent Director 49 2019
Randy M. Krotowski Independent Director - 2021
John Williamson Independent Director 59 2021
Shareholders
NameEquities%
Letko, Brosseau & Associates Inc. 50,158,584 14.7%
Pictet Asset Management SA 28,298,858 8.29%
Mackenzie Financial Corp. 26,110,875 7.65%
Fidelity Management & Research Co. LLC 25,641,667 7.51%
Kempen Capital Management NV 19,753,506 5.78%
Dimensional Fund Advisors LP 8,098,569 2.37%
Jarislowsky, Fraser Ltd. 3,414,800 1.00%
Heartland Advisors, Inc. 3,400,000 1.00%
LSV Asset Management 2,539,600 0.74%
BlackRock Fund Advisors 2,070,209 0.61%
Company contact information
Western Forest Products, Inc.
Royal Centre Building
1055 West Georgia Street
Suite 800
Vancouver, BC V6E 3P3

Phone : +1.604.648.4500
Fax : +1.604.681.9584
Web : http://www.westernforest.com
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