Woodworking Industry News

Woodworking Industry News

West Fraser loses $751 million in Q4, noting tariffs and soft demand

Fourth quarter sales were $1.165 billion, compared to $1.307 billion in the third quarter of 2025. Fourth quarter earnings were $(751) million, or $(9.63) per diluted share, compared to earnings of $(204) million, or $(2.63) per diluted share in the third quarter of 2025. Fourth quarter Adjusted EBITDA was $(79) million compared to $(144) million in the third quarter of 2025.

Woodworking Industry News

Plastic lumber manufacturer will invest $50 million in facility

Plastic lumber maker, Tangent Technologies, LLC, is expanding and consolidating its U.S. manufacturing operations in Illinois. As part of the company’s decision to expand in Illinois, it will invest $50 million to relocate its operations – currently in Canada and Aurora, Illinois – to Montgomery, Illinois, as it increases capacity and creates 110 new full-time jobs.