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or Name
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CA



Western Forest Products Inc
Symbol WEF
Shares Issued 392,219,407
Close 2014-07-31 C$ 2.30
Market Cap C$ 902,104,636
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Western Forest reaches labour deal for 1,500 employees

2014-07-31 20:46 ET - News Release

Mr. Don Demens reports

WESTERN REACHES AGREEMENT WITH UNITED STEELWORKERS UNION

A new five-year labour contract with the United Steelworkers Union has been ratified by a majority of union members. Approximately 1,500 Western Forest Products Inc. employees are covered under this new collective agreement that expires on June 15, 2019. The previous agreement had expired on June 15, 2014.

"We are pleased with the strong support expressed by our employees in ratifying this agreement," said Don Demens, president and chief executive officer. "This is the second successive agreement that we have reached with the union in a co-operative manner, and for that, I would like to recognize all parties involved for their efforts. A continuation of our partnership is paramount to the success of the company and our ability to build a globally competitive, sustainable forest products business on the coast of B.C."

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