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Jewett-Cameron Adds Three New Supply Partners for its Products

General News
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New suppliers added as part of a multi-year strategic plan to expand and diversify the

Company’s product sourcing and maintain competitiveness

Jewett-Cameron Trading Company Ltd. (“JewettCameron”), a company committed to innovative products that enrich outdoor spaces, announced it has completed a significant step forward in its strategic plan to expand and diversify the Company’s supply sourcing from three new supply partners.

Historically, Jewett-Cameron had a significant portion of their products supplied by a single manufacturer in China. With the implementation of the new multi-source, multi-country, strategic sourcing plan, the Company is no longer tied to one specific supply source for any single product or component. The Company now has highly diversified supply sources from manufacturers located in Canada, Bangladesh, Vietnam, Malaysia, Taiwan, and China. The new supply agreements cover Jewett-Cameron’s fence products, dog containment products, as well as MyEcoWorld® products.

“When I took over as CEO, we did an expansive review of each of our product lines and recognized the need to expand our supply relationships to ensure we were not dependent on any one supplier or country where we could be exposed to import tariffs and other risks associated with a single source of supply. Over the last 18 months, we have embarked on an extensive worldwide search to find supply partnerships that could meet the specifications our customers demand and at pricing that allowed us to remain competitive in the market. We entered into three new agreements that cover all current product lines and deliveries are already enroute to our Oregon-based distribution center and directly to customers,” commented Chad Summers, CEO of Jewett-Cameron.

“Due to the implementation of tariffs placed on various steel products coming into the U.S. from China, we have been subject to higher cost of goods on a number of our products over the past couple of years,” Summers added. “We expect our new sourcing strategy to help us to maintain competitive pricing and protect our margins going forward.”

“We continue to honor Jewett-Cameron’s roots of developing high-quality, innovative products that enrich outdoor spaces while driving efficiencies across our operations. I am pleased with the team’s implementation of this critical component to our strategic go forward strategy and look forward to the benefits it will drive to our customers and shareholders in the years to come,” Summers concluded.

About Jewett-Cameron Trading Company Ltd.

Jewett-Cameron Trading Company is a holding company operating out of facilities in North Plains, Oregon, through its subsidiaries. Jewett-Cameron’s business includes the manufacturing and distribution of patented and patent-pending specialty metal and sustainable bag products, and the wholesale distribution of wood products. The company’s brands include Lucky Dog® for pet products; Jewett Cameron Fence for Adjust-A-Gate®, Fit-Right®, Perimeter Patrol®, EuroFence, and Lifetime Steel Post® for gates and fencing; MyEcoWorld® for sustainable bag products; and Early Start, Spring Gardener™, Greenline®, and Weatherguard™ for greenhouses. Additional information about the company and its products can be found on the company’s website at www.jewettcameron.com.

Contact:

Chad Summers – President & CEO – Chads@jewettcameron.com – (503) 647-0110

Source: Jewett-Cameron Trading Company Ltd.