Goodfellow Inc T.GDL

Alternate Symbol(s): GFELF

Forest Products Lumber & Wood Production

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

Goodfellow Inc

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Post by lifeisgood1010on Oct 11, 2024 10:51am

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Post# 36262620

Buying assets on the cheap

Voici l'achat des 2 nouvelles acquisitions.

Hardwood producer Allegheny Wood Products (AWP) in Petersburg is selling off some of its assets, which are expected to be used to restart production in West Virginia.

AWP announced that it would be closing back in February due to market conditions and other factors, which has affected around 850 employees. The business was then placed under Court Appointed Receivership on March 6, resulting in the current selling of company assets.

The assets are being sold in two sets. Two dry kilns from Hazelton and Petersburg are going out to Goodfellow in Canada for $6.25 million

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