Montreal-based Stella-Jones is North America’s leading producer of pressure-treated wood products. Approximately half of its 2024 revenues came from sales of poles to utilities and telecom companies, which increased 6%, to $1.7 billion. The remaining sales came from railway ties (26%), also up 6% to $890 million, residential lumber (18%), down 5% to $614 million, industrial products (4%), and logs and lumber (3%). Revenues for 2024 were up 5%, to $3.47 billion, or 3%, excluding acquisitions. Meanwhile net income was down slightly, at $319 million, although earnings per share were up 1%, to $5.66 from $5.62, due to share repurchases.