Nov 20 (Reuters) - Western Forest Products Inc ::WESTERN FOREST PRODUCTS INC ANNOUNCES ACQUISITION OF COLUMBIA VISTA CORPORATION, GROWING ITS SPECIALTY PRODUCTS BUSINESS.WESTERN FOREST PRODUCTS INC - DEAL FOR CONSIDERATION OF US$30.5 MILLION, INCLUDING WORKING CAPITAL OF US$6.7 MILLION.WESTERN FOREST PRODUCTS INC - TRANSACTION WILL BE FINANCED WITH CASH ON HAND AND AVAILABLE CREDIT FACILITIES.WESTERN FOREST PRODUCTS INC - ACQUISITION OF COLUMBIA VISTA CORPORATION IS ACCRETIVE TRANSACTION.
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Feb 15 (Reuters) - Western Forest Products Inc ::WESTERN ANNOUNCES FOURTH QUARTER AND FISCAL 2017 YEAR-END RESULTS.Q4 EARNINGS PER SHARE C$0.05.Q4 REVENUE C$283.1 MILLION VERSUS C$293 MILLION.COMPANY HAS PROMOTED STEPHEN WILLIAMS TO EXECUTIVE VICE-PRESIDENT & CHIEF FINANCIAL OFFICER.SAYS EXPECT COMMODITY LUMBER BUSINESS TO CONTINUE TO BENEFIT FROM INCREASED CONSUMPTION OF LUMBER IN CHINA AND US.
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Dec 7 (Reuters) - Western Forest Products Inc ::WESTERN FOREST PRODUCTS TO ACQUIRE PROCESSING AND DISTRIBUTION CENTRE IN ARLINGTON, WASHINGTON.PURCHASE PRICE OF TRANSACTION IS APPROXIMATELY $9 MILLION AND IS ANTICIPATED TO CLOSE IN JANUARY 2018.
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Nov 7 (Reuters) - Western Forest Products Inc ::Western Forest Products announces closure of Englewood Train.Western Forest Products Inc - as a result of closure of train, 34 positions will be eliminated.
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Nov 2 (Reuters) - Western Forest Products Inc :Western announces third quarter 2017 results.Q3 earnings per share c$0.04.Q3 revenue c$285.2 million versus c$322.7 million.Q3 earnings per share view c$0.06 -- Thomson Reuters I/B/E/S.
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July 27 (Reuters) - Western Forest Products Inc :Announced indefinite curtailment of its Somass Sawmill, located in Port Alberni, B.C..Western Forest products says somass Sawmill has been temporarily curtailed since February 2017, prior to which it operated on a single shift basis.Western Forest Products Inc - Expects to offset lost production from somass by increasing production at its other operations on Vancouver Island.Western Forest Products Inc says Western intends to offer voluntary severance to its Somass Sawmill hourly employees.Western Forest Products Inc - Cost reductions will be delivered through operational consolidation.Decision to indefinitely curtail operations is in response to lack of log supply to operate mill efficiently.Western Forest Products - Decision to curtail operations also from uncertainty by duties applied to Canadian Softwood lumber products sold into us.
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May 3 (Reuters) - Western Forest Products Inc :Western announces first quarter 2017 results.Q1 revenue C$287.7 million versus C$269.8 million.Q1 earnings per share C$0.04.
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Western Forest Products Inc : Western Forest Products Inc. announces remanufacturing consolidation . Western Forest Products Inc -all employees from this facility have been provided jobs at company's other operations or received compensation for closure. . Investment in and consolidation of operations is part of western's broader strategic plan to become globally competitive .Announces permanent closure of its South Vancouver island remanufacturing plant.
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