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Western Forest Products Inc.: Meetings Resume with Independent Mediators and USW

by ahnationtalk on October 18, 201920 Views

October 17, 2019 – Vancouver, British Columbia – Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) announced today that the Company and the United Steelworkers Local 1-1937 (“USW”) are resuming talks with independent mediators Vince Ready and Amanda Rogers this week. The parties have agreed to a media blackout during this mediation process.

The strike, which commenced on July 1, 2019, affects all the Company’s USW certified manufacturing and timberlands operations in British Columbia, impacting approximately 1,500 of the Company’s hourly employees and approximately 1,500 employees working for the Company’s timberland operations and contractors.

About Western Forest Products Inc.

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 British Columbia and Washington State, Western is a premier supplier of high-value, specialty forest products to worldwide markets. Western has a lumber capacity in excess of 1.1 billion board feet from eight sawmills and four remanufacturing facilities. The Company sources timber from its private lands, long-term licenses, First Nations arrangements, and market purchases. Western supplements its production through a wholesale program providing customers with a comprehensive range of specialty products.

For further information, please contact:

Media Inquiries:
Susan Dolinski
Vice President, Corporate Affairs
(604) 648-4556

Investor Inquiries:
Stephen Williams
Executive Vice President & Chief Financial Officer
(604) 648-4500

NT4

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