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West Fraser reports loss

West Fraser Timber reported a loss of $20 million in the fourth quarter of 2009, and losses of $341 million for the year, as the company was hit hard by poor lumber markets.

West Fraser Timber reported a loss of $20 million in the fourth quarter of 2009, and losses of $341 million for the year, as the company was hit hard by poor lumber markets.

The company -- which also produces pulp and paper -- was also impacted by restructuring costs from the shut down of its Eurocan paper and linerboard plant in northwest B.C.

For more, see the Citizen.


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