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Taiga Building Products Ltd T.TBL

Alternate Symbol(s):  TGAFF

Taiga Building Products Ltd is a Canada-based independent wholesale distributor of building products in Canada and the United States. The Company operates within two reportable geographic areas, Canada and the United States. It owns and operates four wood preservation plants that produce pressure treated wood products. Its product categories include composite decking, engineered wood, fencing, flooring, insulation, lumber, moldings, panels, preserved wood, roofing, and siding. The Company offers a selection of engineered wood products and related accessories. It provides a range of lightweight, easy-to-install fencing products for home or commercial use. It produces and distributes a variety of luxury vinyl and laminate flooring products, along with essential supplies and accessories. It also specializes in distributing eastern and western Canadian dimensions of various wood, including Spruce, Pine, Fir (SPF) lumber, Douglas fir lumber, and fir/larch in less than carload (LCL) volumes.


TSX:TBL - Post by User

Post by downwithdotcom1on May 18, 2021 11:06am
128 Views
Post# 33221833

lumber pullback could be good news...

lumber pullback could be good news...Lumber futures based on 2x4 1000 board ft (which somewhat sets the pricing tone for other wood products) is down 20% on daily drops on the CME for the last week now..the good news for TBL, being wholesalers, this could allow them to restock at lower prices - its a shrewd business turning over their inventories to maximise wholesale/retail margins and its something TBL has alot of expertise in. Important thing is demand is strong and we should be well into the start of peak construction ..rest is noise. regards, dwdc 
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