secwatch.observer — SEC 8-K summary
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Issuer:     JEWETT CAMERON TRADING CO LTD (JCTC)
CIK:        0000885307
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001079973-23-000578
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/885307/000107997323000578/0001079973-23-000578-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/885307/000107997323000578/jctcf_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-23-000578

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