Olympic Industries
Timeline Team Business FCTG
Career Opportunities Working at Olympic
Sustainability Corporate Responsibility Innovation
Understanding softwood lumber markets through data analysis

Timeline

Olympic founded by Jack McKinnon. Ted Hansen named as President

1972

Established Pacific Pine Department

1986

Established Cedar Department

1991

Steve Granger named as President

1992

Gerry Pankratz named as President

Established East Asia Export team

2008

Established Log Department

Established Ocean Freight for the whole FCTG

2010

Established South Asia/ Middle East Export Team

2012

Established SYP Department

2014

Established Derivative and Futures Department

2015

Established European Import Department

2016

Established Hardwood Department

2017

Since our establishment in 1972, Olympic has focused on measured, sustainable growth through hard work, a spirit of innovation and an eye towards the future. The past ten years have seen a marked change in our business, as we’ve developed new business channels, increased our product offerings, seized new opportunities and ushered in a new generation of traders and support staff.

President's Message

A professional photo of an Olympic Industries representative, representing their role as a leading supplier of construction-grade lumber in Vancouver, Canada. Specializing in Hemlock lumber.

Gerry Pankratz

President

I started at Olympic in 1998 and traded for 10 years before being appointed President in 2009. I strongly believe our growth and longevity are a direct result of our greatest asset, our employees. Our employees, averaging fourteen years of tenure, bring their extensive experience, entrepreneurship, and passion to the office every day. From the heart of BC’s most productive sawmill region, Olympic connects customers and suppliers internationally through integrity, hard work, and an absolute commitment to service. Our global presence gives us the best understanding of where the market is and most importantly, where it is going. Our vision is to become the world’s leading integrated forest products trading company. Olympic’s 17 key divisions trade in all major consuming regions, allowing us to supply our customers and mills with the information they need to manage risk and increase margin. Our long term success has been built on our unparalleled ability to provide global price discovery daily. I encourage you to contact us with any questions you may have. We work with the best in the world and are continuing to deepen our partnerships and develop new networks for distribution.
Efficient lumber transportation by Olympic Industries at a reputable wood supplier yard

Traders

A close-up of an Olympic Industries employee, showcasing their expertise in the building material industry in British Columbia, Canada. Specializing in Pressure-treated plywood.

Aaron Riemersma

Trader, North America

A close-up of an Olympic Industries representative, highlighting their expertise in the wood wholesale market in British Columbia, Canada. Specializing in Douglas Fir wood.

Blake Moran

Trader, North America

A headshot of an Olympic Industries employee, highlighting their expertise in providing high-quality lumber and building materials in Vancouver, Canada. Specializing in Cedar decking.

Charles Nwoye

Trader, North America

A professional photo of an Olympic Industries representative, highlighting their knowledge and experience in providing Cedar fencing products for residential and commercial projects in Vancouver, Canada.

Charlie Thorpe

Trader, North America

An Olympic Industries representative in a photo, representing their knowledge and experience in the Fir lumber market in Vancouver, Canada.

Craig Young

Trader, North America

A headshot of an Olympic Industries team member, exemplifying their commitment to providing sustainable and responsibly sourced forest products in Vancouver, Canada.

David Topps

Trader, North America

A professional photo of an Olympic Industries staff member, showcasing their knowledge and experience in the Pine lumber market in British Columbia, Canada.

Fraser Hesby

Trader, North America

A portrait of an Olympic Industries team member, highlighting their expertise in sourcing and supplying high-quality spruce lumber in British Columbia, Canada.

George Dunn

Trader, North America/International

An Olympic Industries representative in a portrait, representing their expertise in providing high-quality plywood products for construction and renovation projects in Vancouver, Canada.

Greg Tanner

Trader, North America

A headshot of an Olympic Industries representative, a leading lumber distributor in the industry.

Jacqueline Wong

Trader, North America

A professional photo of an Olympic Industries representative, representing their role as a leading building material supplier in Vancouver, Canada. Specializing in Composite decking.

Kian Haynes

Trader, North America

A professional photo of an Olympic Industries team member, highlighting their knowledge of forest products in Vancouver, Canada. Specializing in OSB lumber.

Matt Froese

Trader, North America

A portrait of an Olympic Industries team member, highlighting their experience in the timber industry in British Columbia, Canada. Specializing in Spruce-Pine-Fir lumber.

Maverick Hatch

Trader, North America

A professional photo of an Olympic Industries team member, exemplifying their role as a supplier of specialty-grade Fir plywood in Vancouver, Canada.

Mike Mischke

Trader, North America/International

A photo of an Olympic Industries team member, showcasing their skills and experience as a reputable wood supplier in Vancouver, Canada.

Rick Morrow

Trader, North America/International

A photo of an Olympic Industries team member, highlighting their expertise in the framing lumber industry in Vancouver, Canada. Specializing in Yellow Cedar lumber.

Stefan Lyren

Trader, North America

An Olympic Industries employee in a headshot, showcasing their specialization in supplying Red Cedar fencing and decking products in Vancouver, Canada.

Steve Galvin

Trader, North America

A headshot of an Olympic Industries employee, exemplifying their expertise as a lumber distributor in Vancouver, Canada. Specializing in hardwood species.

Steven Shott

Trader, North America

A portrait of an Olympic Industries team member, showcasing their knowledge and specialization in the wood wholesale market in Vancouver, Canada.

Taylor Fentiman

Trader, North America

An Olympic Industries representative in a portrait, showcasing their leadership as a wood supplier in British Columbia, Canada. Specializing in Southern Yellow Pine lumber.

Tristen Di Curzio

Trader, North America

A headshot of an Olympic Industries staff member, emphasizing their skills in the lumber distribution industry in British Columbia, Canada. Specializing in Western Hemlock wood.

Warren Reece

Trader, North America

A headshot of an Olympic Industries staff member, highlighting their experience and expertise in the lumber distribution sector in Vancouver, Canada.

Will Ip

Trader, North America

A professional photo of an Olympic Industries team member, representing their role as a reliable wood wholesale supplier in British Columbia, Canada.

Zach Hillhouse

Trader, North America

An Olympic Industries representative in a portrait, showcasing their knowledge and leadership in the forest products industry in Vancouver, Canada.

Zach Yan

Trader, North America/International

Cam Hebson

Trader Trainee

A portrait of an Olympic Industries team member, showcasing their knowledge of the construction industry in British Columbia, Canada. Specializing in Plywood.

Graydon Staples

Trader Trainee

Jared Schmidt

Trader Trainee

A headshot of an Olympic Industries staff member, emphasizing their expertise in the flooring industry in Vancouver, Canada. Specializing in Hardwood flooring.

Matt Maguire

Trader Trainee

Joel Alexander

Commodity Trader Intern

Manufacturing

A professional headshot of an Olympic Industries team member, representing their commitment to providing safe and sustainable forest products for future generations in British Columbia, Canada.

Bruce Tays

Manufacturing

A close-up of an Olympic Industries team member, emphasizing their role as a supplier of premium-grade Western Red Cedar fencing products in Vancouver, Canada.

Jon Sitter

Manufacturing

A close-up of an Olympic Industries team member, representing their role as a supplier of high-quality Spruce-Pine-Fir (SPF) framing lumber products in Vancouver, Canada.

Matt Vyner

Manufacturing

A professional photo of an Olympic Industries representative, representing their role as a trusted lumber supplier in Vancouver, Canada. Specializing in exotic wood species.

Terry Baker

Manufacturing

Operations

Alyssa Wandler

Remanufacturing & Reload Coordinator

Andie Ku

Data Developer

Andrii Ohiienko

Full-Stack Data Developer

Artem Pazych

Data Developer

Chris Irwin

Network Administrator

Darcy Mercer

Head of People & Culture

Jojo Boerman

Credit Assistant (Contract)

Karen Rose

Receptionist & Trader Support

Kerri Vyner

Remanufacturing Coordinator

Kinga Kukla

Reload & Invoicing Coordinator

Kirsten Finley

People & Culture Specialist

Lawrence Chan

Controller

Lindsay Elliott

Remanufacturing & Domestic Invoicing Coordinator

Margo Yang

Head of International Department and Trade Compliance

Matteo Friend

Marketing Coordinator Intern

Mavi Magsaysay

Accounts Payable Coordinator

Michael Louie

Import Reload Coordinator

Rick Secret

Credit Manager

Rita Chan

International Operations Coordinator

Shane Kumar

Systems Administrator

Tony Li

Head of Derivatives & Data

Yolanda Zhong

Domestic Reload Supervisor

Annual Revenue

“Our ability to not only weather, but flourish, during the economic downturn of 2008 is a testament to our stability and strength as an organization. Where others faltered, we stayed true to our core values and worked hard to maintain relationships with our partners—even in the tough times.”
—Gerry Pankratz, President
2009 $131,000,000 2010 $210,000,000 2011 $272,000,000 2012 $257,000,000 2013 $379,000,000 2014 $396,000,000 2015 $325,000,000 2016 $359,000,000 2017 $431,000,000 2018 $462,000,000 2019 $326,000,000 2020 $440,000,000 202 1 $635,000,000
2021 $635,000,000
Annual revenue in 2021 $635M

Company Structure

“Olympic offers so much variety. We have more than twenty five traders just on the domestic side — east, west, north, south, mid — all with the best information from everywhere, all working together, not just for themselves.”
—Taylor Fentiman, Trader
MANUFACTURING Cedar Pacific Pine Custom Cut Logs IMPORT EXPORT SYP Logs Hardwood Lumber CDN Logs Softwood Lumber DERIVATIVES Risk Management DISTRIBUTION SYP Lumber US Lumber Eastern Canada Western Canada OLYMPIC INDUSTRIES
US Lumber Cedar SYP Logs Risk Management West Canada Pacific Pine Softwood Lumber CDN Logs East Canada Custom Cut Logs Hardwood Lumber SYP Lumber OLYMPIC INDUSTRIES DISTRIBUTION IMPORT MANUFACTURING Export DERIVATIVES
Divisions of Olympic Industries 17

Transaction Activity

“Olympic has been Millar Western’s trading partner for nearly half a century. Not only do they buy all products in all markets, their distribution network allows them to sell our products to customers on a global scale. Through our exchange of market intelligence, we are both able to make better business decisions. We value our relationship with Olympic and look forward to seeing it continue to grow and evolve.”
—Ryan Miller, Millar Western Forest Products
5 Finished Manufact- uring 7 Derivatives 18 Import 31 Export 41 North America
                       5                                                          Manufa-         cturing                       7                                                                        Deriva-         tives                       18                                                                                                                                                     Import                       31                                                                                                                                                                                                             Export                       41                                                                                                                                                                                                                                                                            North         America               
Transactions per day 102

Forest City Trading Group

Forest City Trading Group is comprised of 12 companies, each of which has a unique set of expertise and local perspective. As the parent company to Olympic, FCTG provides support, market intelligence, financial strength and a strong balance sheet that allows for unparalleled purchasing power and connections to the largest suppliers and buyers in the world.
Forest City Sales Channels Overview ↘
Other Buying groups Export Multi-family Industrial Distribution ProDealer
Pro Dealer Multi-family Other Industrial Buying groups Distribution Export
Forest City Trading Group is comprised of 12 companies, each of which has a unique set of expertise and local perspective. As the parent company to Olympic, FCTG provides support, market intelligence, financial strength and a strong balance sheet that allows for unparalleled purchasing power and connections to the largest suppliers and buyers in the world.
Forest City Group In Numbers ↓

200k+

Transactions

3.5B

Sales

300+

Traders

12

Independent trading entities

54

Years in business

Forest City Group Product Mix ↓

64%

Lumber

64%

Lumber

23%

Panels

23%

Panels

13%

Industrial/ Other

13%

Industrial/ Other