Brothers Sébastien and Jean-François Dion, co-owners of lumber supplier Scierie Dion & Fils Inc., have become shareholders of PG Hardwood Flooring Inc. and Model Hardwood Inc. Scierie Dion & Fils Inc. is PG and Model's largest hardwood lumber supplier and owns the largest private supply of FSC-certified hardwood in Quebec, according to the companies.
"We are expecting a significant economic recovery in years to come and it is important for our group to ensure the quality and quantity of our hardwood lumber supply. Pressure on hardwood lumber supplies is considerable and this association is strategic for our organization," said PG Group President Claude Garneau.
"Each partner will continue to administer their own company; we have no intention of intervening in sawmill operations any more than the Dion brothers intend to intervene in the production of hardwood flooring. In addition to the capacity of Scierie Dion & Fils to provide us with necessary volumes of wood, the dynamism of these two new shareholders and similar familial and corporate values will allow us to consolidate and even increase our presence on Canadian and American markets," he added.
Dion brothers become PG, Model shareholders
June 8, 2010