West Fraser Timber profits grow

VANCOUVER — West Fraser Timber Co. reported Q3 earnings of $238 million on sales of $1.65 million, compared with $1.25 million in sales and earnings of $120 million for the same period in 2017. The lumber segment generated operating earnings of $233 million, after posting $358 million in Q2. During the quarter, West Fraser bought back 3.5 million shares for $301 million and commenced operations at its new Opelika, Ala., sawmill.