1134 ET - West Fraser Timber's U.S. presence helps mitigate tariff risk, CIBC's Hamir Patel says. In a report, the analyst notes that 53% of West Fraser's lumber capacity is located in the U.S., and 60% of the North American OSB capacity, or oriented strand board, a type of engineered wood product that West Fraser manufactures for various construction applications. Because of this, "West Fraser is well positioned to navigate potential Section 232 tariffs later this year--which seem likely to hit lumber and may even be applied to OSB as a timber derivative product," he says. (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
April 24, 2025 11:34 ET (15:34 GMT)
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