| Business Summary | | TreeSource
Industries
Inc.
manufactures
softwood
and
hardwood
lumber
and
by-products.
The
Company
manufactures
a
variety
of
softwood
lumber
products,
predominantly
from
Douglas
fir,
hemlock,
and
white
fir.
The
Company
produces
softwood
studs
in
several
species,
generally
as
2x4
or
2x6
lumber
in
lengths
of
eight
to
10
feet.
The
Company
also
makes
dimension
softwood
lumber
in
a
wide
range
of
widths
and
thicknesses
in
lengths
from
six
to
26
feet.
The
Company
also
produces
a
small
quantity
of
hardwood
lumber
in
sizes
targeted
principally
for
the
furniture
and
cabinet
industries.
Wood
chips,
a
by-product
of
the
manufacturing
process,
are
sold
principally
to
pulp
and
paper
manufacturers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TreeSource
Industries,
Inc.
is
engaged
in
the
manufacture
and
sale
of
softwood
and
hardwood
lumber,
wood
chips
and
other
by-products.
For
the
fiscal
year
ended
4/30/01,
net
sales
fell
40%
to
$151.2
million.
Net
loss
totaled
$18.1
million
vs.
an
income
of
$1
million.
Revenues
reflect
a
34%
decrease
in
lumber
sales
volume
and
a
10%
decrease
in
net
sales
average
prices.
Net
loss
also
reflects
lower
profit
margin
due
to
market-related
production
curtailment. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2001 Pay | |
| Jess Drake, 60 Pres,
CEO | $412K | Robert Lockwood, 40 CFO,
VP-Fin., Sec., Treasurer | 194K | Kevin Murray, 43 VP
of Sales and Marketing | 125K | Dollar amounts are as of 30-Apr-2001 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|