Two Quebec companies to create new joint venture to manufacture treated wood

advertisment

brandonsun.com – Two Quebec-based companies are planning to form one of Eastern Canada’s largest producers of treated wood, with seven plants in four provinces.

The joint venture would own Goodfellow Inc.’s three plants in Delson, Que., Elmsdale, N.S., and Deer Lake, N.L. and Lebel Cambium’s two Ontario plants (Bancroft and Caledon) and two Quebec plants (Degelis and St-Joseph).

Goodfellow Inc. of Delson (TSX:GDL) would be its exclusive distributor for the joint venture. It’s currently a dstributor and manufacturer of lumber and hardwood flooring.

Group Lebel Cambium is a family-owned integrated lumber producer headquartered in Riviere-du-Loup, Que.

Source: www.brandonsun.com