NORTH PLAINS, ORE., April 12 /CNW/ - Jewett-Cameron Trading Company Ltd.
(NASDAQ: JCTCF)(TSX:JCT) today announced the appointment of Terry Schumacher to
the position of Chief Financial Officer. Mr. Schumacher is replacing Dan
McDonell, who is leaving the company to pursue other interests. The change is
effective April 12, 2007.
Mr. Schumacher has an extensive financial and business background. For
the last six years he has been doing investment research to support his own
personal investing. Prior to that he was Vice President - Senior Research
Analyst at Wells Fargo Securities, where for 10 years he was a security
analyst focusing on companies primarily in the forest products and building
materials industries. Before that he held a variety of financial and
analytical positions for companies including the Forest City Trading Group,
International Paper, Merrill Lynch, and Puget Sound Plywood. Mr. Schumacher
has an MBA from Columbia University, and his undergraduate degree is from the
University of Washington.
Don Boone, CEO of Jewett-Cameron commented on the appointment, "We are
very pleased that Terry will be joining our team as CFO. His financial
knowledge and deep understanding of how businesses operate will be a great
asset to our company going forward."
About Jewett-Cameron Trading Company Ltd.
Jewett-Cameron is a wholesale distributor of specialty wood products
principally for applications in the marine and transportation industries. The
company is also a wholesaler of building materials and a manufacturer and
distributor of specialty wood and metal products for home centers and other
retailers. Other activities at Jewett-Cameron include the processing and
distribution of agricultural seed and the distribution of pneumatic air tools
and industrial clamps. The area of most significant growth within
Jewett-Cameron is the manufacture and distribution of specialty metal products
like dog kennels, gate support systems, perimeter fencing, and greenhouses.
The information in this release contains certain forward-looking
statements that anticipate future trends and events. These statements are
based on certain assumptions that may prove to be erroneous and are subject to
certain risks, including but not limited to, the uncertainties of the
Company's new product introductions, the risks of increased competition and
technological change in the Company's industry, and other factors detailed in
the Company's SEC filings. Accordingly, actual results may differ, possibly
materially, from predictions contained herein.
For further information:
For further information: Jewett-Cameron Trading Company Ltd. Donald M.
Boone, President & CEO, 503-647-0110 Facsimile: 503-647-2272