WFP Declared Capital Investment Projects at B.C. Mills

SEATTLE (Scrap Monster): Western Forest Products announced capital investments of approximately $29 million in its B.C. operations. The investment is part of the company’s ongoing commitment to grow its value-added wood products business.

Out of the proposed $29 million investment, $12.3 million will be invested in a new continuous kiln at the Saltair sawmill in Ladysmith, B.C. This will boost the capacity for continuous drying of lumber and reduce energy consumption significantly.

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Another $7.9 million will be spent at the Duke Point facility in Nanaimo, B.C. towards optimization of the centralized planer facility with new equipment, including a machine stress rated lumber grinding machine. The company has invested around $45 million since 2015 in the sawmill ad planer towards modernizing the facility.

In addition, $8.3 million has been earmarked for new kiln control systems at the Saltair sawmill and for increasing the supply of kiln dried finished products at its Value-Added Division in Chemainus, B.C.

The works on the above investment projects are already underway and are expected to be completed before end-2023.

Commenting on the investment, Joel Fournier, Vice President of Canadian Manufacturing, Western Forest Products noted that theongoing investments in its manufacturing facilities on Vancouver Island with substantial upgrades are expected to maximize the value of the locally processed wood products.