Stella Jones

Company profile

Stella Jones company profile

Stella-Jones Inc. is a producer and marketer of pressure treated wood products. The Company supplies North America's railroad operators with railway ties and timbers and the continent's electrical utilities and telecommunication companies with utility poles. Stella-Jones also provides residential lumber and customized services to retailers and wholesalers for outdoor applications, as well as industrial products which include marine and foundation pilings, construction timbers, wood for bridges and coal tar based products. The Company operates twenty-eight wood treating plants, ten pole peeling facilities and a coal tar distillery. These facilities are located in five Canadian provinces and seventeen American states and are complemented by an extensive distribution network across North America. As at September 30, 2014, the Company's workforce numbered approximately 1,525 employees. Stella-Jones enjoys a number of key attributes which should further enhance the Company's strategic positioning and competitive advantage in the wood treating industry. Among these are the ability to service clients from multiple plants, a solid financial position that allows the Company to stockpile and air-season green wood for major long-term contracts, a long-standing stable source of wood supply, and a registration to produce and sell the wood preservative, creosote. Stella-Jones Inc. was established in October 1992 for the purpose of acquiring the wood preserving division of Domtar Inc, whose operations had existed since the early 1900s. This acquisition was completed in June 1993. In 1994, Stella-Jones became a public company, trading on the Montreal and Toronto (TSX) stock exchanges. The Company currently trades on the TSX under the symbol SJ.