Jemi Fibre Corp. to provide an update on its operations following its acquisitions of WoodEx Industries Ltd., Kootenay Wood Preservers Ltd., Prairie Holdings Inc. and approximately 17,700 hectares, and timber rights for an additional approximately 1,900 hectares, of private timberlands.

圆木

Jemi Fibre to provide an update on its operations

Sep 06, 2014. /Lesprom Network/. Jemi Fibre Corp. to provide an update on its operations following its acquisitions of WoodEx Industries Ltd., Kootenay Wood Preservers Ltd. ("KWP"), Prairie Holdings Inc. ("Prairie") and approximately 17,700 hectares, and timber rights for an additional approximately 1,900 hectares, of private timberlands, as the company said in the press release received by Lesprom Network.

"We are very pleased with both the progress of integrating the new divisions into the Company and the operations of these new divisions," said Michael Ainsworth, CEO. "During the fiscal year ended April 2014, the Company harvested approximately 230,000 cubic metres of timber. For the month of July 2014, approximately 72,000 cubic metres of timber was harvested from the Company's existing and newly acquired contract logging operations and from its newly acquired private timberland operations. This represents a significantly higher run rate for the current fiscal year, accounting for annual down time or decreased activity due to weather. We also look forward to providing updates on our WoodEx sawmill and KWP post preserving plant."

Jemi Fibre is a British Columbia based forest products company. Jemi Fibre’s operations consist of a full service contract logging division, with operations in Mackenzie and Cranbrook, a sawmill located in Edgewater producing high value lumber products, a manufacturing facility in Cranbrook producing pressure treated posts, rails and lumber for agricultural and industrial use, and private timberlands located in the Kootenay region.