Stella-Jones Will Not Proceed With Acquisition of Certain Assets of Brisco Wood Preservers Ltd.
(firmenpresse) - MONTREAL, QUEBEC -- (Marketwire) -- 07/23/12 -- Stella-Jones Inc. (TSX: SJ) today announced it will not proceed with the acquisition of certain pole treating assets of Brisco Wood Preservers Ltd., a provider of treated wood poles located in British Columbia.
ABOUT STELLA-JONES
Stella-Jones Inc. (TSX: SJ) is a leading producer and marketer of pressure treated wood products. The Company supplies North America's railroad operators with railway ties, timbers and recycling services; and the continent's electrical utilities and telecommunications companies with utility poles. Stella-Jones also provides industrial products and services for construction and marine applications, as well as residential lumber to retailers and wholesalers for outdoor applications. The Company's common shares are listed on the Toronto Stock Exchange.
Except for historical information provided herein, this press release may contain information and statements of a forward-looking nature concerning the future performance of the Company. These statements are based on suppositions and uncertainties as well as on management's best possible evaluation of future events. Such factors may include, without excluding other considerations, fluctuations in quarterly results, evolution in customer demand for the Company's products and services, the impact of price pressures exerted by competitors, the ability of the Company to raise the capital required for acquisitions, and general market trends or economic changes. As a result, readers are advised that actual results may differ from expected results.
Contacts:
George T. Labelle, C.A.
Senior Vice-President and Chief Financial Officer
(514) 934-8665
Martin Goulet, CFA
MaisonBrison Communications
(514) 731-0000
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 23.07.2012 - 16:20 Uhr
Sprache: Deutsch
News-ID 167699
Anzahl Zeichen: 0
contact information:
Town:
MONTREAL, QUEBEC
Kategorie:
Forestry
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"Stella-Jones Will Not Proceed With Acquisition of Certain Assets of Brisco Wood Preservers Ltd."
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