Stein Lumber has acquired Teal Jones’ Lumber remanufacturing plant in Salmon Arm, British Columbia.
This purchase reflects Stein Lumber’s commitment to investing in British Columbia’s forestry industry and expanding its production of high-quality, value-added wood products.
“We would like to thank the Teal Jones Group for their support throughout this transition,” said Jack Gardner, president of Stein Lumber, an associate member of the Southern Forest Products Association.
“This investment reinforces our dedication to fostering economic growth and delivering innovative solutions for customers worldwide,” Gardner said. “It is very rewarding to see that all our hard work since the company’s incorporation now enabled us to take the next step. Looking back at the whole journey, it certainly makes me proud of how far we have come.”
This acquisition strengthens Stein Lumber’s capacity to serve markets throughout North America and Europe while supporting the growth of British Columbia’s forestry sector.
The addition of the Salmon Arm facility enhances its ability to meet the increasing demand for natural, sustainable building materials, Gardner said.