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OVERVIEW
Investor Relations ->
Building Value for Investors
Western Forest Products’ strategy is to develop a margin-focused lumber business of sufficient size on BC’s coast to compete successfully in global softwood lumber markets.
Following the exit from the pulp business, the acquisition of Cascadia Forest Products and Englewood Logging Division, and the recapitalization of the company’s balance sheet — all completed in 2006 — WFP is now positioned to create meaningful shareholder value for investors.
To achieve this, the company’s focus for the future is to:
- Surface value from the sale of non-core, underutilized assets, including the sale of higher and better use private timberlands as well as former pulp mill and sawmill sites.
- Continue to streamline its business to reduce costs and improve customer service.
- Expand its selection and marketing of higher value products.
- Further refinance its long-term debt to reduce the cost of debt servicing.
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