Stella-Jones
Manufacturer of infrastructure products. / Fabricant de produits d'infrastructures. (TSX: SJ)
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Overview
Stella-Jones is a North American manufacturer of pressure-treated wood and related infrastructure products for electrical distribution and transmission and for the operation and maintenance of railway transportation systems. Wood treatment involves forcing preservatives into timber under pressure so that it resists rot and insects, which is why treated wood remains common for poles, ties and pilings that stay exposed to soil, water and weather for decades. The company is publicly traded, with its shares quoted under the ticker SJ.TO.
Its offering is grouped into railway ties, utility poles, residential lumber and industrial products. For electrical utilities across the continent, Stella-Jones supplies treated wood and steel utility poles as well as steel lattice towers, with an emphasis on supply and emergency response from coast to coast. Class 1, short line and commercial railroad operators buy its treated wood railway ties and timbers, which the company delivers anywhere on the continent. Its industrial products include timbers for railway bridges, crossings and construction, marine and foundation pilings, and coal tar-based products, along with specialized treatments for maritime and rail related applications.
Beyond infrastructure, the company manufactures and distributes treated residential lumber and accessories for outdoor use to retailers in Canada and the United States, offering a range of dimensional lumber and turnkey service. A significant portion of this business serves Canadian customers through a national manufacturing and distribution network. Taken together, the product lines give the company two kinds of customer: infrastructure operators such as utilities and railroads, whose poles and ties wear out and must be replaced on a recurring basis, and retailers serving consumers.
Office locations
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