The Teal-Jones Group

What The Teal-Jones Group does

The Teal-Jones Group is a privately-held, fourth-generation family-owned forest products company headquartered in Surrey, British Columbia, with operations across 25 facilities in Canada and the United States. Founded in 1946 by Jack Jones as a one-man cedar roofing mill, the company is currently controlled by brothers Tom and Dick Jones (CEO/President/Visionaries) and employs more than 1,000 people directly across woods operations and sawmills. Teal-Jones controls fibre supply through Tree Farm Licenses covering 400,000 hectares on Southern Vancouver Island and in Haida Gwaii, and operates seven specialized milling operations at its Surrey campus producing 18,000+ SKUs from a single site, with stated 100% utilization of every log milled.

The company's product portfolio is organized into five categories: Whitewood Lumber (Douglas Fir, Hem-Fir, Sitka Spruce), Western Red Cedar (timbers, Teal Select decking and sidings), Red Cedar Shakes and Shingles (the world's largest producer of this category per company claims), Southern Yellow Pine (four US mills in Oklahoma, Virginia, and Mississippi), and Tonewood (one of the world's largest makers of cedar and spruce guitar tops). Manufacturing uses computer-optimized log bucking with Autolog headrig scanner/optimizer and KITA hydraulic setworks, with species-specific log sorting performed at the forest level. By-products — sawdust, chips, cedar hay, and finger-jointed panel products — are sold into pulp/paper, landscaping, and specialty remanufacturing streams.

The business model is one-time sale of physical wood products through three channels: (1) direct sales representatives covering the US, Japan, Korea, China, India, Europe, and Southeast Asia; (2) an extensive North American distributor network including RONA, Home Hardware, Dick's Lumber, Windsor Plywood, Boise Cascade, and 70+ other building supply partners; and (3) international export via rail, truck, container, and break-bulk vessel to Asia Pacific, Australia, Europe, Japan, Caribbean, and North Africa. Pricing is quote-based and not publicly disclosed. Key customer categories span construction/building, roofing/siding contractors, specialty manufacturers (musical instruments, furniture), industrial manufacturers in Asia, and Japanese Zairai construction. On April 25, 2024, the company filed for creditor protection under the CCAA and subsequently obtained US Chapter 15 recognition, with PwC acting as Court-Appointed Monitor and a Sales and Investment Solicitation Process underway.

Name

The Teal-Jones Group

Legal name

Teal-Jones Group

Website

https://tealjones.com

Company type

Private

Founded year

1946

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

The Teal-Jones Group is a fourth-generation family-owned, vertically integrated forest products company headquartered in Surrey, BC, operating 25 facilities across Canada and the United States to manufacture whitewood lumber, western red cedar shakes and shingles, southern yellow pine, and specialty tonewood for global construction, industrial, and musical instrument markets.

Ownership category

akta.pro rank

Product category

Forest Products Manufacturing

NAICS

Sawmills (321113), Cut Stock, Resawing Lumber, and Planing (321912), Timber Tract Operations (113110)

SIC

Sawmills & Planting Mills, General (2421), Lumber & Wood Products (No Furniture) (2400), Forestry (800)

akta.pro primary industry

Sawmilling & Lumber Production (IMADADAA)

akta.pro secondary industries

Wood Remanufacturing (Mouldings, Millwork Blanks, Cut Stock) (IMAMABAI), Planing Mills & Lumber Surfacing (IMAMABAE)

Keywords

• Wood products manufacturing
• Cedar shakes shingles
• Tonewood guitar tops
• Southern yellow pine lumber
• Value-added forest products

Headquarters

HQ city

Surrey

HQ country

Canada

HQ region

North America

Offices12 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Wood Products Manufacturing and Sales: Revenue generated from manufacturing and selling a wide range of wood products including structural lumber, cedar shakes and shingles, specialty sizes, and industrial utility products. Products are sold to distributors, construction companies, furniture makers, musical instrument manufacturers, and international customers.
2. Value-Added Wood Products: Processing raw timber into higher-value finished products including guitar tops (tonewood), clear wood blocks for furniture, specialty cuts, decking, sidings, and finger-jointed boards. Well over half of employees work in value-added milling and manufacturing.
3. By-Product Sales: Selling sawdust and chips to pulp and paper mills, cedar hay to landscaping companies (including Disneyland), and panel products to specialty manufacturers.
4. Timber Harvesting Operations: Revenue from timber harvesting through Tree Farm Licenses, Timber Licenses, and Forest Licenses on Southern Vancouver Island and Fraser Valley areas.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Teal-Jones is a vertically integrated forest products manufacturer that harvests timber through Tree Farm Licenses and converts it into lumber, shakes, shingles, timbers, and specialty wood products across five main categories: Whitewood Lumber (Douglas Fir, Hem-Fir, Sitka Spruce), Red Cedar Shakes and Shingles, Western Red Cedar (timbers and Teal Select), Southern Yellow Pine, and Tonewood for musical instruments. The company operates 25 facilities across British Columbia and the United States, achieves 100% utilization of every log processed, and serves construction, furniture, musical instrument, and industrial customers globally through direct sales and distributor networks.

Product overview

The Teal-Jones Group is a multi-generational family-owned forestry and wood products company operating across British Columbia, Canada and the United States. The company offers a diverse portfolio of wood products organized into five main categories: Whitewood Lumber (including Douglas Fir, Hem-Fir, and Sitka Spruce), Red Cedar Shakes and Shingles (Shakes, Shingles, Sidewall, Prestains, and Classic Butts), Western Red Cedar (Timbers and Teal Select Products), Southern Yellow Pine (produced at four US facilities in Virginia, Oklahoma, and Mississippi), and Tonewood (specialty products for musical instruments including guitar tops). The company also provides value-added services including Custom Cutting & Planing and Transport & Logistics. With operations spanning from timber harvesting on Tree Farm Licenses to finished product manufacturing, Teal-Jones produces over 18,000 products at its Surrey headquarters alone, utilizing 100% of every log processed.

Differentiator

Problem solved

Functional benefit

Brands

• Teal Cedar: Premium cedar shake and shingle products, one of the largest shake and shingle producers in the world
• Teal Select
• Teal Tonewood
• Teal Cedar Lumber
• Teal Pine Products
• Teal Elite Clear

Products and services

• Whitewood Lumber

Quantifiable outcome

• 100% of every log utilized - zero waste manufacturing
• +6 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Cedergreen Forest Products IncminorChannel Partner/ Reseller/ Distributor · 1 January 2018US Sales representative office in Portland for Western Red Cedar products including Jason Cedergreen, Brendan Colyer, and Allan Hurd.
• Kwakiutl NationcoreStrategic or Co-development Partner · 1 January 2003Co-management of Titan Ridge cedar shake and shingle mill in Port McNeill with support from Kwakiutl Band Council. Many mill workers are members of local Gwa'sala-'Nakwaxda'xw, Kwakiutl, Da'naxda'xw Namgis and Quatsino First Nations.
• Western Forest ProductscoreStrategic or Co-development Partner · 1 January 2003Fibre supply partnership for Port McNeill mill through fibre agreements and long-standing business partnership. Logs come from Western Forest Products' local woods operations on North Vancouver Island.
• 106 First Nations in British ColumbiacoreStrategic or Co-development PartnerLong history of relationships with 106 First Nations in BC. Each relationship reflects distinct interests of individual First Nations. From royalties to joint ventures and partnerships, relationships are prioritized.
• Pacheedaht First NationcoreStrategic or Co-development PartnerMemorandum of understanding signed with Pacheedaht First Nation. First Nation identified several areas they wanted preserved for cultural reasons and Teal Jones agreed. Strong relationship founded on respect and listening.
• 12 BC RemanufacturersminorStrategic or Co-development PartnerPartnership with a dozen BC remanufacturers providing 'blanks' or rough-cut lumber for doors, window frames, and heavy timbers. These remanufacturers keep local employees engaged.
• Pulp, Paper, and Biofuel ProducersminorStrategic or Co-development PartnerSawdust and chips from milling directed to partners in pulp, paper, and biofuel production. Products include toilet paper, school workbooks, medical masks.

Scale indicators17 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Interfor Corporation: Pacific Northwest and US South lumber producer operating multiple softwood sawmills. Highly comparable as a competing dimensional and specialty softwood lumber producer with cross-border operations.
• Canfor Corporation: One of Canada's largest producers of lumber and pulp, with sawmills across BC, Alberta, US South and Sweden producing SPF, Douglas-fir, pine and engineered wood. Directly comparable as a vertically integrated BC sawmilling peer.
• Tolko Industries: Privately held Canadian forest products company operating sawmills and veneer facilities across BC, Alberta and Saskatchewan. Comparable as a family-owned BC/Canadian sawmilling peer producing a similar mix of dimension lumber and specialty wood products.
• Western Forest Products: BC-based coastal forest products company operating sawmills and exporting cedar, hem-fir and Douglas-fir lumber. Directly comparable as a coastal BC peer; in fact is a fibre-supply partner to Teal-Jones's Titan Ridge mill in Port McNeill.
• Louisiana-Pacific Corporation: US-based building products manufacturer producing oriented strand board, SYP lumber, and specialty siding products including cedar-look sidings. Overlaps directly with Teal-Jones's SYP and cedar-based exterior product portfolios.

Broad incumbents

• PotlatchDeltic Corporation: US timberland REIT and lumber manufacturer producing SYP lumber, plywood, and particleboard. Comparable as a large public timberland-and-mill operator overlapping Teal-Jones's US SYP sawmilling footprint.
• Boise Cascade Company: US building products distributor and engineered wood/OSB manufacturer. Overlaps with Teal-Jones as a major US lumber distributor (a customer relationship) and as a producer of complementary building products.
• J.D. Irving, Limited: Privately held Canadian conglomerate with extensive forestry, sawmilling, and building-products operations in Eastern Canada. Comparable as a privately held, vertically integrated forest products peer; broader portfolio than Teal-Jones but similar ownership model.
• Weyerhaeuser Company: One of the world's largest private owners of softwood timberlands and a major producer of lumber, OSB and engineered wood products. A broader incumbent competitor across the North American lumber and timberland value chain.
• Sierra Pacific Industries: Privately owned US lumber and millwork producer operating sawmills across California, Washington and other states. Comparable as a large private softwood lumber and remanufacturing peer in the Western US.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/the-teal-jones-group

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries16 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Teal-Jones Group