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Thursday, August 05, 2010 5:57:19 PM
WINDSOR, ON--(MARKET WIRE)--Aug 17, 2006 -- Sulja Brothers Building Supplies, Ltd. (Other OTC:SLJB.PK - News) announced today that it is acquiring a lumber mill with operations in both the Province of British Columbia and the State of Washington.
CEO Steve Sulja stated: "We have decided to remove the middle man in our supply chain. The acquisition of the lumber mill will decrease our finished lumber product costs by over 30%. The decrease in finished product price will make us more competitive in the North American bid process and will increase our market share of projects. More details will be released after the closing papers are completed. Sulja Bros. will strengthen and utilize the full potential of the lumber mill supply chain to create sustainable shareholder value."
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