Tolko Strengthens Asia-Pacific Relationships with New Reload Terminal

TOLKO NEWS

Tolko Strengthens Asia-Pacific Relationships by Opening New Reload Terminal

Lulu Island Terminal Will Be a World Class Site for Superior Global Deliveries

[VERNON, BC] September 5, 2012—Tolko Industries Ltd. announced a new reload terminal opening this month and will put the company in a better position to provide exceptional service and products to Asia-Pacific customers.

“Lulu Island Terminal will allow us to provide reliable delivery of consistent, quality product to our growing Asian-Pacific partnerships,” said Tolko’s Hardy Wentzel, Vice President, Sales and Marketing. “The new warehouse and reload facility, located in Richmond, boasts a 200,000 square foot building, offering weather-proof product protection, on a 20 acre site. It will have the capacity for 20 railcars, plus four loading bays, with a total of 13 truck ramps. Lulu Island will be capable of handling 30,000 shipping containers each year.”

The transload facility will be operated and managed by Coast2000, the leading and largest third party logistics marine container export service provider in Western Canada. “We are excited about the opportunity to partner with Tolko,” said Morley Strachan, President, Coast2000 Terminals Ltd. “This facility is a great example of how strong partnerships in the supply chain can create a competitive advantage in getting products to Asia-Pacific markets.”

“We are committed to continually improving our supply chain, from tree to customer,” said Brad Thorlakson, President and CEO, Tolko Industries, Ltd. “In the last five years, the amount of Tolko products heading overseas has increased by 32%. We commend the government for its continued focus to support the forest industry’s efforts to diversify and meet the increasing demands for wood products in Asia through programs such ‘Our Natural Advantage: Forest Sector Strategy for British Columbia.’ This project is further evidence that Tolko is positioning for a strong, healthy future for the BC forest industry.”

Tolko Industries Ltd. is a private, Canadian-owned forest products company based in Vernon, British Columbia with over 3,000 employees. Tolko is a major producer and marketer of lumber, veneer, plywood, oriented strand board, and kraft papers, with manufacturing operations across Western Canada. The Company’s Woodlands operations have received third-party certification of their sustainable forest management systems.

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Contact

Maritza Reilly Tolko Industries Ltd. Communications Coordinator
250.545.4411

 maritza.reilly@tolko.com