Wood products producer West Fraser reported C$687 million in first-quarter sales, a very slight dip from sales of C$688 million in the same quarter a year ago. Net earning were C$19 million, compared with C$29 million in the corresponding quarter of 2010.
In the lumber division, sales were reported as C$411 million, compared with C$409 million a year ago. Shipments were down 6%, the Vancouver, B.C.-based company said, although production rose by 9%. West Fraser’s Canadian mills operated at capacity, while its U.S. mills operated at approximately 75% of capacity.