Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s): CWXZF

Industrials Industrial Distribution

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 21 treating plants, two specialty planing mills and five specialty sawmills located in nine states, distributing, producing and treating lumber, fencing and building materials servicing the central United States; it serves the United States west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 15 locations across all the islands. The Company’s Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations.

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Doman Building Materials Group Ltd > Positive Sign

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Post by TheBridgeon May 21, 2024 9:38am

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Post# 36049702

Positive Sign

Some good news this morning on the inflation rate in Canada. The prospects for interest rate reductions as early as June can only improve the sentiment in the construction sector here in Canada. Appears that the current situation in the USA isn't at the same stage. If mortgage rates begin to drop DBM share prices should start to move upwards. Here's hopeing.

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