Business Overview:

The Company’s business is the re-manufacturing (secondary manufacturing) of lumber products primarily used in the construction industry or for treated lumber products. Utility, #3, and economy grade lumber is purchased from sawmills throughout the US and Canada, brought into one of the Company’s plants and then processed to add value by ripping, trimming, sorting and re-grading. Finished products are sold to lumberyards and building across the country. Profit is derived through the pricing spread between the purchase of raw supply and the sale of the re-manufactured products.

The industry is mature and increasingly efficient due to the consolidation into larger mills and the shift toward secondary wood products resulting in the severe economic downturns of the ‘80’s and ‘90’s. The value-added sector of the industry has been contributing most of the growth over the past 10 years, offsetting a more substantial industry decline than would have otherwise occurred.

The Company has invested in three highly efficient, state-of-the-art manufacturing facilities and in labor training to position itself to scale rapidly and gain market share when the industry recovers from it current doldrums.

The management and staff are interested in continued leadership under merger, acquisition, or re-capitalization scenarios.