Conifex

Conifex is a saw mill that manufactures and supplies wood chips, timber and lumber products for commercial and residential sectors. Read more

366 Followers on Owler
366 Followers on Owler
366 Followers on Owler
366 Followers on Owler

Conifex

Conifex is a saw mill that manufactures and supplies wood chips, timber and lumber products for commercial and residential sectors. Read more

Kenneth A. Shields's photo - Chairman & CEO of Conifex

Chairman & CEO

Kenneth A. Shields

CEO Approval Rating

71/100

Founded:

2008

Status:

PublicIndependent CompanyTMX Group - Toronto Stock ExchangeCFF

CONIFEX TOP COMPETITORS OR ALTERNATIVES

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WFP is the biggest rival of Conifex. WFP is headquartered in Vancouver, British Columbia, and was founded in 1954. Like Conifex, WFP also operates in the Wood Products space. WFP generates 645% the revenue of Conifex.

UFP Industries is Conifex's #2 competitor. UFP Industries is a Public company that was founded in Grand Rapids, Michigan in 1955. Like Conifex, UFP Industries also works within the Wood Products sector. UFP Industries has 11,712 more employees vs. Conifex.

Acadian Timber has been one of Conifex's top competitors. Acadian Timber's headquarters is in Edmundston, New Brunswick, and was founded in 2010. Acadian Timber operates in the Forest Products industry. Acadian Timber generates 68% of Conifex's revenue.

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Conifex Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$103.8M

Conifex's revenue is the ranked 14th among it's top 10 competitors. The top 10 competitors average 2.2B. Over the last three quarters, Conifex's revenue has grown by 484.1%. Specifically, in Q4 2020's revenue was $46.1M; in Q3 2020, it was $28.1M; in Q2 2020, it was $7.9M.

Conifex Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Caddo River Forest Products

Jul 2018

Source »
undisclosed
Caddo River is a manufacturer of lumber and building materials including surfaced timbers, brackets and knee braces.

-

Suwannee Lumber Company LLC

Jul 2018

Source »
undisclosed
-

These are all the companies that Conifex has acquired. Conifex has acquired 2 companies and its latest acquisition was Caddo River Forest Products in Jul 2018. Caddo River is a manufacturer of lumber and building materials including surfaced timbers, brackets and knee braces.

Conifex Funding History

Since Conifex was founded in 2008, it has participated in 5 rounds of funding. In total Conifex has raised $163.8M. Conifex's last funding round was on Oct 2020 for a total of $10.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Oct 2020
$10M

Wells Fargo Capital Finance Corporation Canada

Debt
Dec 2016
$130M
Debt
Jan 2016
--
-
Equity
Dec 2012
$338K
-
Equity
Feb 2012
$23.5M
-

Since Conifex was founded in 2008, it has participated in 5 rounds of funding. In total Conifex has raised $163.8M. Conifex's last funding round was on Oct 2020 for a total of $10.0M

Conifex Investments

No recent investments found related to Conifex

These are all the companies that Conifex has invested in. Conifex has invested 2 companies and its latest investment was Caddo River Forest Products in Jul 2018. Caddo River is a manufacturer of lumber and building materials including surfaced timbers, brackets and knee braces.

Conifex News

October 27, 2020Zolmax News

Conifex Timber Inc (TSE:CFF) Forecasted to Earn FY2020 Earnings of ($0.02) Per Share

Conifex Timber Inc (TSE:CFF) - Analysts at Raymond James raised their FY2020 earnings per share estim... See more »
October 14, 2020ABF Journal

Wells Fargo CFC Canada Delivers $10MM Secured Revolving Credit Facility to Conifex

Conifex Timber completed a $10 million secured revolving credit facility with Wells Fargo Capital Fin... See more »
August 21, 2020Zolmax News

Conifex Timber Inc (TSE:CFF) Expected to Post Q3 2020 Earnings of $0.08 Per Share

Conifex Timber Inc (TSE:CFF) - Investment analysts at Raymond James raised their Q3 2020 earnings per... See more »
April 10, 2020Zolmax News

Conifex Timber Inc (TSE:CFF) Forecasted to Post FY2021 Earnings of ($0.35) Per Share

Conifex Timber Inc (TSE:CFF) - Equities research analysts at Raymond James issued their FY2021 EPS es... See more »
February 6, 2020Bioenergy International

Resolute completes acquisition of Conifex's three US sawmills

Canada-headed forest products major Resolute Forest Products Inc (Resolute) has announced that it has... See more »

Conifex Press Releases

November 10, 2020GlobeNewswire

Conifex Announces Third Quarter 2020 Results

VANCOUVER, British Columbia, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex", "we" o... See more »
October 14, 2020GlobeNewswire

Conifex Announces Secured Revolving Credit Facility and Third Quarter 2020 Results Conference Call

VANCOUVER, British Columbia, Oct. 13, 2020 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex") (TSX: ... See more »
August 12, 2020GlobalNewswire

Conifex Announces Second Quarter 2020 Results

VANCOUVER, British Columbia, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex", "we" o... See more »
July 10, 2020GlobeNewswire

Conifex Announces Second Quarter 2020 Results Conference Call

VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex") (TSX: ... See more »
June 23, 2020StreetInsider

Conifex Announces Voting Results and Provides Operations Update

VANCOUVER, British Columbia, June 23, 2020 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex") (TSX: ... See more »
May 29, 2020GlobalNewswire

Conifex Announces Further Extension of COVID-19 Curtailment

VANCOUVER, British Columbia, May 29, 2020 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex") (TSX: C... See more »
May 14, 2020GlobeNewswire

Conifex Announces First Quarter 2020 Results

VANCOUVER, British Columbia, May 14, 2020 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex", "we" or... See more »

Conifex Videos

September 16, 2015Conifex Timber Vimeo Channel

"Conifex Powering Up" on VIMEO

Cast: Conifex Timber Inc.... See more »

Social Media

Conifex Headquarters

980-700 West Georgia Street

Vancouver, British ColumbiaV7Y 1B6

604-216-2949

Driving Directions »

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Conifex Summary

ABOUT

Overview

Conifex is a saw mill that manufactures and supplies wood chips, timber and lumber products for commercial and residential sectors. Conifex was founded in 2008. Conifex's headquarters is located in Vancouver, British Columbia, CA V7Y 1B6. It has raise...

CEO

Conifex's Chairman & CEO, Kenneth A. Shields, currently has an approval rating of 71%. Conifex's primary competitors are WFP, UFP Industries & Acadian Timber.

Website

conifex.com

Frequently Asked Questions about Conifex

  1. When was Conifex founded?

    Conifex was founded in 2008
  2. Who is Conifex's CEO?

    Conifex's CEO is Kenneth A. Shields
  3. How much revenue does Conifex generate?

    Conifex generates $103.8M in revenue
  4. How much funding does Conifex have?

    Conifex has historically raised $163.8M in funding
  1. Where is Conifex's headquarters?

    Conifex's headquarters is in Vancouver British Columbia, CA
  2. How many employees does Conifex have?

    Conifex has 288 employees
  3. What sector does Conifex operate in?

    Conifex is in Wood Products, Forest Products
  4. Who are Conifex's competitors?

    Conifex's top competitors are WFP, UFP Industries, Acadian Timber