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Virginia's Culpeper Wood Preservers acquires Maryland's Long Life Treated Wood, which specializes in making marine-grade lumber; deal bolsters Culpeper's marine division, enhances product offerings for water environments
Published: September 06, 2024 by North American Deck and Railing Assn. (NADRA)
Stella-Jones Q2 net income up to US$110M from year ago's US$100M, sales up to US$1.05B from year ago's US$972M; utility poles sales up 21% year-over-year to US$470M, railway ties sales up 11% to US$265M, residential lumber sales down 10% to US$243M
Published: August 07, 2024 by GlobeNewswire
RBC downgrades Stella-Jones to sector perform from outperform, says company is well-run with exposure to solid long-term trends in infrastructure investment, but sees potential risk of new pole capacity weighing on revenues and margins into 2025
Published: July 10, 2024 by Canada StockWatch
National Bank maintains Stella-Jones at outperform with C$91 target, sees its fate 'increasingly tied to poles'; management guides to 15% CAGR in this vertical over 2024/2025, backed by strong US secular growth for grid strengthening, electricity demand
Published: June 18, 2024 by Canada StockWatch
Treated wood products producer Koppers begins operations at new US$17M Leesville, Louisiana, utility pole production plant; company to utilize 105-acre facility to expand into high-growth markets, starting with Texas and Midwestern US
Published: June 17, 2024 by Industry Intelligence Inc.

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