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Goodfellow Inc T.GDL

Alternate Symbol(s):  GFELF

Goodfellow Inc. is a Canada-based diversified manufacturer of value-added lumber products, as well as a wholesale distributor of building materials and floor coverings. The Company has a distribution presence from coast-to-coast in Canada and in the Northeastern United States, serving commercial and residential sectors through lumber yard retailer networks, manufacturers, industrial and infrastructure project partners, and floor covering specialists. The Company also leverages its value-added product capabilities to serve lumber markets internationally. Its products include decking, flooring, insulation and soundproof, lumber, panels, roofing, siding, specialties, and wall concept. Its lumber products include cedar, hardwood and engineered wood. Its services include custom timber fabrication; a full range of personalized millwork and carpentry services; wood treatment (MicroPro, CCA, ACQ and Fire Retardant); just-in-time, direct-to-site delivery services, and export prep and packaging.


TSX:GDL - Post by User

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Comment by wsm1234on Jul 08, 2021 8:45pm
162 Views
Post# 33519382

RE:RE:RE:Lumber prices

RE:RE:RE:Lumber pricesJudging by the $14M earnings for the quarter, looking like they were still full out. One concern I still have is reduction in value of inventories with reduction in lumber price. Anyone have any thoughts on this? Would likely impact next quarter due to the rapid decline in lumber prices in June.

-Will
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