Tenon Limited was a
New Zealand
New Zealand () is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and List of islands of New Zealand, over 600 smaller islands. It is the List of isla ...
-based publicly traded company producing timber products. It was formerly known as Fletcher Forests which was split from the
Fletcher Challenge
Fletcher Challenge was a multinational corporation from New Zealand. It was formed in 1981 by the merger of Fletcher Holdings, Challenge Corporation and Tasman Pulp and Paper. It had holdings in construction, forestry, building, and energy, i ...
group in 2001. The company's main business comprises supplying
millwork building materials to the professional trade and DIY homeowners.
Rubicon Forests Limited were the major shareholder, controlling a majority 57.37% as at early 2008.
In 2013 it reported it was on the "cusp of profitability" for the first time since the US housing market collapse.
It was delisted from the New Zealand Stock Exchange on 5 July 2017 and put into liquidation in December 2017. Liquidation of the company was completed in December 2018.
Liquidators' Final Report distributed 17 March 2020. Distribution to shareholders NZ$6,213,014.
[Mail to shareholders 17 March 2020]
Operations
The company currently operates five plants, producing a variety of wood-based products:
* Taupo Sawmill (
Taupō, New Zealand)
* Taupo Mouldings and Boards Plant (Taupō, New Zealand)
* Ornamental Mouldings Plant,
High Point, North Carolina
High Point is a city in the Piedmont Triad region of the United States, U.S. state of North Carolina. Most of the city is in Guilford County, North Carolina, Guilford County, with parts extending into Randolph County, North Carolina, Randolph, ...
(2);
Archdale, North Carolina
Archdale is a city in Guilford and Randolph counties in the U.S. state of North Carolina. Located 15 miles southwest of Greensboro, it is part of the Greensboro-High Point Metropolitan Statistical Area of the Piedmont Triad metro region. The ...
)
* Stair Parts Plant (
Ponder, Texas
Ponder is a town in Denton County, Texas, United States. The population was 2,442 in 2020.
History
The community has the name of the local Ponder family.
Local legend holds that Bonnie and Clyde either robbed the Ponder State Bank or attempt ...
)
The company also operates six full-service millwork distribution facilities:
* Midwest Distribution (
Zeeland, Michigan
Zeeland ( ) is a city in Ottawa County, Michigan, Ottawa County in the U.S. state of Michigan. The population was 5,719 at the 2020 United States census, 2020 census. The city is located at the western edge of Zeeland Charter Township, Michigan, ...
)
* Northeast Distribution (
Allentown, Pennsylvania
Allentown (Pennsylvania Dutch language, Pennsylvania Dutch: ''Allenschteddel'', ''Allenschtadt'', or ''Ellsdaun'') is a city in eastern Pennsylvania, United States. The county seat of Lehigh County, Pennsylvania, Lehigh County, it is the List o ...
)
* Mid-Atlantic Distribution (
Chesapeake, Virginia
Chesapeake is an independent city in Virginia, United States. At the 2020 census, the population was 249,422, making it the second-most populous city in Virginia, the tenth largest in the Mid-Atlantic, and the 92nd-most populous city in the ...
)
* Southeast Distribution (
Lakeland, Florida
Lakeland is a city in Polk County, Florida, United States. Located along Interstate 4, I-4 east of Tampa and southwest of Orlando, Florida, Orlando, it is the List of municipalities in Florida, most populous city in Polk County. As of the 2020 ...
)
* Southwest Home Center Distribution (
Houston, Texas
Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...
)
* Southwest Pro Dealer Distribution (
Dallas, Texas
Dallas () is a city in the U.S. state of Texas and the most populous city in the Dallas–Fort Worth metroplex, the List of Texas metropolitan areas, most populous metropolitan area in Texas and the Metropolitan statistical area, fourth-most ...
)
References
External links
Details page on the NZX stock exchangePlaster Mouldings
Forest products companies of New Zealand
Renewable resource companies established in 2001
Fletcher Challenge
New Zealand companies established in 2001
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