Conifex Timber Inc.

Conifex Timber Inc. is a Canadian company specializing in the production of high-quality lumber products and renewable energy solutions, primarily for the construction and energy sectors in North America. Founded in 2007 and headquartered in Vancouver, Canada, Conifex Timber Inc. produces structural grade SPF dimension lumber at its sawmill in Mackenzie, British Columbia.

The company has undergone strategic pivots to focus on sustainable forestry practices and renewable energy generation. Conifex Timber specializes in high-quality lumber products and renewable energy generation. The company's core offerings include structural grade SPF dimension lumber, produced at their sawmill in Mackenzie, British Columbia, alongside clean renewable energy derived from sawmill residuals at their bioenergy plant. These products serve various sectors, including construction and energy, where customers require sustainable and reliable building materials and renewable energy solutions.

Conifex Timber’s clientele includes builders, contractors, and local businesses in North America, emphasizing sustainable forestry practices and energy sources while ensuring environmental sustainability through internationally recognized certifications. Conifex Timber generates revenue through the sale of its lumber products and renewable energy to a diverse client base, including business-to-business transactions with construction companies and direct sales to retailers. Transactions typically involve bulk lumber purchases based on specific project needs, with pricing structures reflecting market demand and regional timber valuations. The revenue model focuses on collaboration with customers to meet project requirements while promoting sustainable practices within the industry.

In June 2024, Pender Ventures provided a USD 25 mn secured term loan to Conifex Timber Inc. This financing will enable the company to repay existing debt, provide working capital, and support general corporate purposes. Conifex Timber continues to explore opportunities for product development and market expansion, aiming to introduce new offerings and penetrate additional regions within North America.