Company Description:

CanWel Building Materials Ltd. is one of Canada's leading distributors of building materials including commodity, industrial and allied products. Our customers range in size from small independent lumber yards, to regional building material dealers, and national home improvement chains. These customers include the names of commonly known retailers such as Rona, Home Depot, and Home Hardware. CanWel also supplies the Industrial Products market servicing firms such as furniture manufacturers, millwork shops and producers of manufactured homes and industrial trailers.

Headquartered in Vancouver, British Columbia, CanWel has an extensive network of 13 Distribution Centers located across Canada.

CanWel was formed in 1989 by the merger of Canadian Forest Products Ltd. (Canfor) and Weldwood of Canada Ltd. building supply distribution centres. In 1999, CanWel was purchased by The Futura Corporation. Since the acquisition, CanWel has annually increased sales, reporting $540 million for 2003. On May 13, 2004, CanWel became a publicly traded company on the TSX under the symbol CWX.

CanWel celebrated its 15 year anniversary in 2004, and is continuing to grow. It remains dedicated to helping its customers and partners achieve success.