Interfor Corp T.IFP

Alternate Symbol(s): IFSPF

Forest Products Lumber & Wood Production

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir-Larch, Hem-Fir, Southern Yellow Pine, Western Red Cedar, Douglas Fir-Larch, and P3-Joist. Its sawmills provide a diverse range of sustainable products to supply North American markets with a complete offering of framing materials. Its Western Red Cedar products include Elite Decking, Elite Fascia & Boards, Elite V-Joint Paneling, Elite Fineline Paneling, Elite Channel/Lap Siding, Elite Bevel Siding and Elite Shadow Gap Siding. It has an annual lumber production capacity of approximately 4.7 billion board feet and offers a diverse line of lumber products to customers around the world.

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Interfor Corp > Expands and Extends Its Revolving Credit Facility

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Comment by sunshine7on Dec 18, 2021 10:58pm

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RE:RE:RE:Expands and Extends Its Revolving Credit Facility

I was reading somewhere that the top 5 companies only control about 35% of the market so there is a lot of room to grow via aquisitions. CFP stopped sharebacks recently then announced a (minor) acquisition. Best use of cash and as you say, IFP has been responsive yet responsible on that front. I love their most recent acquisition.
At some point the market will reward growth and strong balance sheet.

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