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Vicwest Inc VICUF



GREY:VICUF - Post by User

Comment by Honestjaneon Aug 06, 2013 1:45pm
220 Views
Post# 21651996

RE:July

RE:JulyA final comment on the investor relations presentation - reinvestment slide.
In addition to the noted investments, building products Saskatoon plant opened 2009 (well positioned to service the potash industry) and new Delta plant consolidating BC facilities opened in 2010.  Boucherville was a new concept "Trim Express" in 2009.  Edmonton, Winnipeg and Boucherville now dropped according to the list in the presentation.  So it looks like demand out west has not panned out as expected and the trim express idea did not take off.   That coupled with the lack of progress with Buhler alliance to penetrate the US agricultural market to me indicates a struggle with growth strategy here.  Will have to wait and see what the commentary is this week.
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