Local wood product manufacturer benefits from strong growth in Saskatchewan

The company has grown considerably. Last year, Vermette said it increased its sales by 15 percent overall. The year before, they had recorded an 18 percent growth in sales.

“We are seeing continued growth… constant growth that comes back every year. In fact, we now have opportunities to sell outside of our province if we could provide enough wood and one day we will, ”said Vermette.

The wood products maker is also seeing local support grow as the company name grows in popularity thanks to contracts with the province. Vermette said it has helped companies grow millions of dollars a year.

“You hear ‘Buy Saskatchewan’, but there was a time when I can say I never felt it was happening. However, in the last seven or eight years we’ve seen tremendous growth with the new products that have come to us. For example, our electric poles. SaskPower approached Vermettes and said, “Why don’t you make utility poles for us? “So they helped us and showed us the ropes and in two or three years we were producing,” said Vermette.

They sell 5,000 to 6,000 poles and are SaskPower’s second largest utility pole producer. All of the wood products that go into Saskatchewan highway bridge restoration projects are also sourced from Vermette.

In a press release, Export Development Minister Jeremy Harrison said, “Our government has created a competitive business environment that will allow us to continue to be leaders in our key sectors, including energy, operations mining, agriculture, forestry, manufacturing and more.

New figures released by Statistics Canada also show that Saskatchewan manufacturer sales rose 5.9% in October 2021 from September 2021. This was the second highest monthly increase among all provinces.

In total, Saskatchewan manufacturers’ sales in October were $ 1.8 billion.


On Twitter: @MonteleoneTeena

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