Western Forest Products Inc. announced that its hourly employees represented by United Steelworkers Local 1- 1937 (?USW?) have voted to ratify a new collective agreement, replacing the collective agreement that expired on June 14, 2024. The new six-year collective agreement has a retroactive effective date of June 15, 2024, will expire June 14, 2030 and provides for the following general wage increases;Year 1:4%, Year 2:3%, Year 3:3%, Year 4:3%, Year 5:3%, Year 6 Greater of 3% or the rate of inflation. The new agreement also includes enhancements to certain benefits and terms of mutual interest for the USW and the Company.

It will apply to the roughly 1,000 members of Western?s hourly workforce represented by the USW, as well as those third-party contractors who adopt Western?s collective agreement.