Markets.News
West Fraser Timber Co. Ltd. ("West Fraser") disclosed plans to permanently shut down its lumber mills in Augusta, Georgia, and 100 Mile House, British Columbia by the end of 2025. This decision comes as part of an orderly process and affects operations in both locations. West Fraser is listed on both the Toronto Stock Exchange (TSX: WFG) and the New York Stock Exchange (NYSE: WFG). The closures are expected to have a significant impact on the local economies and employment in these regions.