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Greenfirst Forest Products Inc T.GFP

Alternate Symbol(s):  ICLTF

Consumer Cyclical Forest Products Advertising Agencies Lumber & Wood Production
GreenFirst Forest Products Inc. is focused on sustainable forest management and lumber production. The Company’s business involves the manufacturing, selling, marketing and distributing lumber and paper products. The Company operates in two segments: Forest Products and Paper Products. Through its Forest Products segment, the Company manufactures and markets a wide range of spruce-pine-fir (SPF) lumber products for use in residential and commercial construction with by-products from production sold to pulp-producers and the Company’s Paper Products segment. The Paper Products segment manufactures and markets paper grade products used to print newspapers, advertising materials, food service bags and other publications. The Company owns four sawmills located in rich wood baskets operating over six million hectares of FSC certified public Ontario forest lands (FSC-C167905). Its subsidiaries include Kap Corporation, Kap Paper Inc., GreenFirst Forest Products (Ontario) Inc., and others.


TSX:GFP - Post by User

Greenfirst Forest Products Inc > Bankruptcy?
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Comment by Apaulsonon May 17, 2024 4:44pm
64 Views
Post# 36046413

RE:RE:Bankruptcy?

RE:RE:Bankruptcy?If you've been involved with or reviewed a lot of bankruptcy / ccaa / chapter 11 proceedings, you'd realize that book values don't mean shat.  For example, that OSB mill site in Wawa, Ontario that Louisiana Pacific recently bought out of CCAA was previously owned by a company who invested $220 million in to and it sold for $8million in a bankruptcy sale.  Book values don't mean anything.  
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