5 Biggest Lumber Companies in the World

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1. West Fraser Timber Co. Ltd. (NYSE:WFG)

Production Volume in 2021: 9,3981,000 m³

Quesnel, Canada-based West Fraser Timber Co. Ltd. (NYSE:WFG) is a wood products company with more than 60 manufacturing facilities across Canada, the United States, the United Kingdom, and Europe. It produces lumber, OSB, LVL, MDF, plywood, particleboard, pulp, newsprint, wood chips, and renewable energy.

West Fraser Timber Co. Ltd. (NYSE:WFG) currently has a market capitalization of $7.4 billion. As of Q3 2022, according to the Insider Monkey data on 920 eminent hedge funds, 15 hedge funds held share in the lumber company with a total value of $175 million. Waratah Capital Advisors was its largest hedge fund shareholder with ownership of 0.54 million shares valued at $39.4 million.

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