GreenFirst Forest Products Inc T.GFP

Greenfirst Forest -GFP.T

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https://financialpost.com/business-trends/this-company-is-one-of-the-top-lumber-producers-in-canada

This company is one of the top lumber producers in Canada

With a renewed focus and incremental investment, the company’s lumber assets are expected to offer significant upside potential

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Publishing date:

Mar 14, 2022  •  2 days ago  •  2 minute read

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• A forest-first business, focused on sustainable forest management and lumber production

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• Seven sawmills in Ontario and Quebec and one paper mill in Ontario

With an annual lumber production capacity of 905 million board-feet, GreenFirst Forest Products Inc. (TSXV: GFP) has earned a spot on this year’s TSX Venture 50 winners list.

 

Check out the company’s highlights:

 

 

• GreenFirst began operating as a forest products business on August 28, 2021, with the acquisition of assets from certain Canadian subsidiaries of Rayonier Advanced Materials Inc.
• With a renewed focus and incremental investment, the lumber assets are expected to offer significant upside potential

 

 

 

 

• GreenFirst employs approximately 1,500 people and serves a highly diversified customer base
• The company’s mills are located in rich wood baskets and have licenses that provide long term access to approximately 3.7 million cubic metres of fibre from Ontario SFLs and Quebec Wood Supply Guaranties

Looking forward, the company expects North American lumber prices to remain above historical trends.

 

To learn more about GreenFirst Forest Products Inc., visit their website here.

 

Make sure to follow GreenFirst Forest Products to see their latest updates:

 

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