Jewett-Cameron closes seed subsidiary JCSC by Aug 31, 2023 after fiscal 2022 net loss of $517K

JEWETT CAMERON TRADING CO LTD

JCSC reported fiscal 2022 sales of $2.36M and a net loss of $517K.
Closure effective August 31, 2023; operations winding down immediately.
Declining local ag demand, flat revenues, rising costs, and aging facilities drove the decision.
JCSC owns 11.7 acres and 105K sq ft buildings in Hillsboro; Board to evaluate asset disposition.
Other Jewett-Cameron operations unaffected; seed processing facilities at end of useful life.

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