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Bullboard - Stock Discussion Forum Greenfirst Forest Products Inc T.GFP

Alternate Symbol(s):  ICLTF

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... see more

TSX:GFP - Post Discussion

Greenfirst Forest Products Inc > Greenfirst Forest -GFP.T
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Post by tinkvid on Mar 17, 2022 9:48am

Greenfirst Forest -GFP.T

https://financialpost.com/business-trends/this-company-is-one-of-the-top-lumber-producers-in-canada

This company is one of the top lumber producers in Canada

With a renewed focus and incremental investment, the company’s lumber assets are expected to offer significant upside potential

Article content

  • A forest-first business, focused on sustainable forest management and lumber production

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  • Seven sawmills in Ontario and Quebec and one paper mill in Ontario

With an annual lumber production capacity of 905 million board-feet, GreenFirst Forest Products Inc. (TSXV: GFP) has earned a spot on this year’s TSX Venture 50 winners list.

 

Check out the company’s highlights:

 

 

  • GreenFirst began operating as a forest products business on August 28, 2021, with the acquisition of assets from certain Canadian subsidiaries of Rayonier Advanced Materials Inc.
  • With a renewed focus and incremental investment, the lumber assets are expected to offer significant upside potential

 

 
 
 
  • GreenFirst employs approximately 1,500 people and serves a highly diversified customer base
  • The company’s mills are located in rich wood baskets and have licenses that provide long term access to approximately 3.7 million cubic metres of fibre from Ontario SFLs and Quebec Wood Supply Guaranties

Looking forward, the company expects North American lumber prices to remain above historical trends.

 

To learn more about GreenFirst Forest Products Inc., visit their website here.

 

Make sure to follow GreenFirst Forest Products to see their latest updates:

 

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