Doman Building Materials Group Ltd CWXZF

Primary Symbol: T.DBM

Consumer Cyclical Home Furnishings & Fixtures

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 > If buyers aren't buying, builders aren't building

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Post by Donwaanon Aug 19, 2024 10:11am

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Post# 36185761

If buyers aren't buying, builders aren't building

...despite encouraging data, Nerdwallet Canada's Clay Jarvis says the outlook for housing development in Canada remains uncertain. "In addition to the high costs and interest rates builders they now have to contend with plummeting demand for new builds. This is a massive roadblock to housing development. ... If buyers aren't buying, builders aren't building." https://www.stockwatch.com/News/Item/Z-C!TD-3589368/C/TD

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