West Fraser Timber to Idle OSB Mill in Alberta

Dow Jones

2025/12/05

By Stephen Nakrosis

West Fraser Timber said it was indefinitely curtailing its oriented strand board mill in High Level, Alberta, in the spring of next year.

The company said it expects to record an asset impairment loss of approximately $200 million in the fourth quarter in connection with the curtailment.

The company also said it would offer the approximately 190 affected employees opportunities at other company operations, where available.

The company said its decision reflects a significant weakening of OSB demand, which is used in residential construction, repair and remodelling and industrial applications.

West Fraser also said the idling of one production line at its Cordele, Georgia OSB facility, which commenced in late 2023, will continue indefinitely.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

December 04, 2025 17:31 ET (22:31 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"OSB","symbol_name":"Norbord Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2589584048","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2589584048","pubTimestamp":1764887460,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"West Fraser Timber said it was indefinitely curtailing its oriented strand board mill in High Level, Alberta, in the spring of next year.The company said it expects to record an asset impairment loss  of approximately $200 million in the fourth quarter in connection with the curtailment.The company also said it would offer the approximately 190 affected employees opportunities at other company operations, where available.The company said its decision reflects a significant weakening of OSB demand, which is used in residential construction, repair and remodelling and industrial applications.West Fraser also said the idling of one production line at its Cordele, Georgia OSB facility, which commenced in late 2023, will continue indefinitely.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"OSB":"Norbord Inc.","WFG":"西弗雷泽木业","BK4186":"林业产品"},"translate_title":"West Fraser Timber将闲置艾伯塔省OSB工厂","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"OSB":1.5,"WFG":0.9},"content_text":"By Stephen Nakrosis \n\n\n \n\n\nWest Fraser Timber said it was indefinitely curtailing its oriented strand board mill in High Level, Alberta, in the spring of next year. \n\n\n  The company said it expects to record an asset impairment loss  of approximately $200 million in the fourth quarter in connection with the curtailment. \n\n\n  The company also said it would offer the approximately 190 affected employees opportunities at other company operations, where available. \n\n\n  The company said its decision reflects a significant weakening of OSB demand, which is used in residential construction, repair and remodelling and industrial applications. \n\n\n   West Fraser also said the idling of one production line at its Cordele, Georgia OSB facility, which commenced in late 2023, will continue indefinitely. \n\n\n \n\n\n  Write to Stephen Nakrosis at stephen.nakrosis@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 04, 2025 17:31 ET (22:31 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}