Re-Launch of St-Raymond Veneer

All of the assets of the former St-Raymond Forest Products Ltd. were recently purchased by The Penrod Company and minority shareholders. The Penrod Company was established in 1888 and is a leading supplier to the North American hardwood plywood industry. They do...

Opening of Norfolk Distribution

The Penrod Company, North America’s leading diversified distribution company headquarted in Virginia Beach, Virginia, is pleased to announce that the company will be opening a consolidated wood products distribution warehouse in Norfolk, Virginia, for the...

Foresbec Inc. Acquires Noblebois

Foresbec Inc. and Société Industrielle Ober have entered into an agreement whereby Foresbec has acquired the majority of the shares of Noblebois, a hardwood products distributor located in the West of France. The balance of the shares will be acquired by...

The Penrod Company Acquires Foresbec Inc.

The Penrod Company, whose headquarters are in Virginia Beach, Virginia, is pleased to announce that it has acquired all outstanding shares of Foresbec Inc., located in Drummondville, Quebec, Canada. Foresbec Inc., whose shares were listed on the Montreal Exchange, is...