Olympic Industries
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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 toward the future. The past ten years have seen a marked change in our lumber supply business, as we’ve developed new business channels, increased our product offerings, seized new opportunities, and ushered in a new generation of lumber 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 as a lumber supplier are a direct result of our greatest asset, our employees. In our growth-oriented organization, our employees, averaging seven 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 16 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

Leadership

A professional photo of an Olympic Industries staff member, showcasing their expertise as a top wood supplier in Vancouver, Canada. Specializing in Pine lumber.

Lawrence Chan

Controller

Headshot of Olympic Industries Employee

Darcy Mercer

Head of People & Culture

A headshot of an Olympic Industries employee, a knowledgeable wood supplier with years of experience in Vancouver, Canada. Specializing in Cedar lumber.

Margo Yang

Head of International Department & Trade Compliance

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

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 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

Headshot of Import Panels Trader at Olympic Industries ULC

Gibran Ramole

Trader, North America

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

Headshot of lumber distributor employee

Joel Alexander

Trader, North America

Headshot of Olympic Industries Employee

Justin Dhah

Trader, North America

Headshot of an Olympic Industries Wood Supplier Employee

Marilyn Hollick

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

Headshot of Olympic Industries Employee

Matt Pegios

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

Tommy Knight

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

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

Diego Corry

Trader Trainee

Sam Morris

Trader Trainee

Ben Morris

Commodity Trader Intern

Rahul Kak

Commodity Trader Intern

Trey Ference

Commodity Trader Intern

Sam 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 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

Adam Wyne

Accounting Intern

A headshot of an Olympic Industries staff member, representing their dedication to providing high-quality lumber in Vancouver, Canada. Specializing in Spruce-Pine-Fir lumber.

Alyssa Wandler

Remanufacturing & Reload Coordinator

Anna Bobek

Marketing Coordinator Intern

An Olympic Industries team member in a headshot, showcasing their expertise in forest products in British Columbia, Canada. Specializing in Western Red Cedar lumber.

Chris Irwin

Network Administrator

Headshot of a accounts receivable employee at a wood wholesale company

Elise Quest

Accounts Payable Specialist

Headshot of a Wood supplier emplyee

Jazlyn Lam

Invoicing Coordinator

Jocelyn Vissia

Business Analyst Intern

Headshot of Olympic Industries Employee

Jojo Boerman

Credit Assistant

Headshot of Olympic Industries Employee

Kerri Vyner

Remanufacturing Coordinator

Olympic Industries employee headshot, lumber supplier

Kinga Kukla

Reload & Invoicing Coordinator

Headshot of Olympic Industries Employee

Kirsten Finley

People & Culture Manager

Headshot of Olympic Industries Employee

Lindsay Elliott

Operations Support Specialist

Mali Bayhan

System Administrator

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

Matt Maguire

Logistics & Trader Support Specialist

Headshot of Olympic Industries Employee

Michael Louie

International Operations Supervisor

Nicole Zhao

Accounting Intern

Headshot of Olympic Industries Employee

Rick Secret

Credit Manager

Headshot of Olympic Industries Employee

Rita Chan

International Operations Coordinator

Headshot of Olympic Industries Employee

Yolanda Zhong

Logistics Manager

Zoe

Accounts Retrievable Assistant

Data & Derivatives

Derivatives Trader Headshots

Tony Li

Head of Derivatives & Data

Lumber Data Analyst headshot

Andie Ku

Derivatives Data Engineer

Timber Wholesale Full Stack Developer Employee

Andrii Ohiienko

Full-Stack Data Developer

Software Engineer Machine Learning Headshot

Andy Zhang

Machine Learning Engineer

Lumber Trader Engineer Headshot

Artem Pazych

Derivatives Analyst

Jingyao Zhang

Machine Learning Engineer

Headshot of an Olympic Industries employee Wood Supplier Company

Nosirjon Juraev

Data Scientist

Data Scientist standing infront of a grey background at a lumber distributor office

Yupei Ma

Data Engineer

Data Engineer Headshot of a Lumber Broker Company

Ziyao Cui

Data Analyst

Jamie Zhou

Data Scientist Intern

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, as the lumber supplier, stayed true to our core values and worked diligently to maintain relationships with our partners—even in the tough times.”
—Gerry Pankratz, President
Annual revenue in 2022 $574M

Company Structure

“Olympic offers so much variety as a lumber supplier. 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
Divisions of Olympic Industries 16

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
Transactions per day 117

Forest City Trading Group

Forest City Trading Group is comprised of 11 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 ↘
Forest City Trading Group is comprised of 11 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 ↓

260k+

Transactions

4.5B+

Sales

400+

Traders

11

Independent trading entities

60

Years in business

Forest City Group Product Mix ↓

51%

Lumber

51%

Lumber

16%

Panels

16%

Panels

33%

Industrial/ Other

33%

Industrial/ Other