In 2022, Western,
Over the next 90 days, the working group, which includes representatives from Western, the
“We believe the coastal forest sector has a strong future and we have and plan to continue to invest in partnerships, people and facilities to achieve a long-term sustainable business model in BC that evolves with the changing fibre supply, forest policies and global markets,” said Western’s CEO
About
Western is an integrated forest products company building a margin-focused log and lumber business to compete successfully in global softwood markets. With operations and employees located primarily on the coast of
For further information, please contact:
Working Group Inquiries: Senior Vice President, Human Resources and Corporate Affairs jfoster@westernforest.com | Investor Inquiries: Executive Vice President & Chief Financial Officer (604) 648-4500 | Media Inquiries: Senior Director, Communications (604) 220-4923 |
Forward-looking Statements
This press release contains statements that may constitute forward-looking statements under the applicable securities laws. Readers are cautioned against placing undue reliance on forward-looking statements. All statements herein, other than statements of historical fact, may be forward-looking statements and can be identified by the use of words such as “will”, “commit”, “believe”, “continue”, “plan” and similar references to future periods. Forward-looking statements in this news release include, but are not limited to, statements relating to: the expected results of the working group’s work, the potential for viable industrial manufacturing solutions for the APD facility, investments, current intent, belief or expectations with respect to: domestic and international market conditions, demands and growth, economic conditions, our growth, operational and capital allocation plans and strategies, and future operating performance. Although such statements reflect management’s current reasonable beliefs, expectations and assumptions, there can be no assurance that forward-looking statements are accurate, and actual results or performance may materially vary. Many factors could cause our actual results or performance to be materially different, including a change in the Company’s financial situation, economic and financial conditions, and other factors referenced under the “Risks and Uncertainties” section of our MD&A in our 2021 Annual Report dated
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