TSX:SJForestry
Could Stella-Jones’ Grid and Rail Focus Reshape Its Long-Term Capital Allocation Strategy (TSX:SJ)?
In recent months, Stella-Jones has reported ongoing strength in demand for its utility poles and railway ties, supported by recurring infrastructure and grid resiliency spending across North America.
An interesting angle is the company’s continued focus on bolt-on acquisitions, which aim to deepen its presence in regions prioritizing grid hardening and rail maintenance.
We’ll now examine how this sustained demand backdrop for utility poles and railway ties could influence Stella-Jones’...