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Recent Articles

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Koppers buys 105-acre property in Leesville, Louisiana, to add peeling and drying capacity used in company's wood treatment process; acquired from a Molpus client, site is close to raw material source and is expected to become operational in mid-2023

Stora Enso partners with German startup Voodin Blades to develop sustainable wind turbine blades from LVL; company also recently announced a partnership with wood technology company Modvion to establish wood as material of choice for wind turbine towers

CIBC reiterates Stella-Jones at outperformer, raises target C$4 to C$49 on modestly higher estimates; over next few years, SJ should benefit from emerging replacement cycle in poles augmented by federal infrastructure spending, electrification of mobility

RBC Dominion upgrades Stella-Jones to outperform from sector perform, raises target C$11 to C$53; shares don't reflect upside related to infrastructure spending and potential M&As, notably opportunity to acquire Kansas City Southern's railway tie business

Stella-Jones reports Q3 net income of C$65M, from year-ago C$34M, on sales up 24% to C$842M; excluding currency conversion affect, residential lumber sales up 32% to C$226M, utility pole sales up 19% to C$331M, railway tie sales up 8% to C$199M

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