At Leek & Associations, our firm understands that that the wood products industry is undergoing an extremely competitive period, perhaps the most in its history. The industry is primarily controlled by the giants of the industry, causing many smaller companies providing tree farming, logging, milling and other products and services within the industry to have to struggle to complete – often having to close down their operations when they are unable to meet the competition.
The aging of the industry’s workforce and increased automation using expensive machinery often requires companies in the wood products industry to seek capital financing. These companies – particularly the smaller family-owned and closely-held companies – need a financial partner on their management team who understands the unique challenges of the industry.
Some of the areas in which our firm can apply its understanding of the wood products industry and apply our experience to help you throughout the year, to assist in your financial and operational planning, include:
- Timber depletion
- Machinery, equipment and real property purchase planning
- Nontaxable exchanges & involuntary conversions
- Tax credits and incentives specific to the wood? products industry
- Business valuation and succession & planning
- Employee incentive and benefits plans
- Compiled, reviewed and audited financial statements
- Tax planning
Contact our firm today to see how we can apply our knowledge and experience within the wood products industry to help your company achieve its financial goals.