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  September 5, 2001
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Home > Company Index > Materials & Construction > Lumber, Wood Production & Timber Operations > TreeSource Industries, Inc.

TreeSource Industries, Inc.
OTC: TRES
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 PROFILE
TreeSource Industries doesn't own much timber, but it makes a lot of lumber. Formerly known as WTD Industries, the company buys trees (Douglas fir, hemlock, white fir) from timber producers and turns them into softwood lumber and wood by-products. Its primary lumber customers include distributors, wholesalers, and retailers. TreeSource's other products include wood chips, which it sells to pulp and paper manufacturers, and hardwood lumber, which is produced for the furniture and cabinet markets. Larry Black, owner of Quinault Logging Company, owns 17% of TreeSource. Low lumber prices have forced TreeSource to file for Chapter 11 bankruptcy protection.

 COMPETITION
Georgia-Pacific Group (GP)
Louisiana-Pacific Corporation (LPX)
Weyerhaeuser Company (WY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: April
2000 Sales (mil.): 252.60
1-Yr. Sales Growth: 29.5%
Employees: 950
Revenue per employee: $265,894.74

 KEY PEOPLE
• Jess R. Drake
    CEO
• Robert R. Lockwood
    CFO

 CONTACT INFO
10260 SW Greenburg Rd., Ste. 900
Portland, OR 97223
US
Phone: 503-246-3440
Fax: 503-245-7995
Online: Web Site

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