With over 105 daily transactions, the Olympic trading floor is in constant motion. Our multilingual traders, serving both domestic and international markets, offer our suppliers and customers profound knowledge of products and market trends. Our team maintains supply agreements with primary producers across the globe to maximize market demands, allowing our suppliers to stay on the leading edge of global market intelligence.
We sell all parts of the customer chain: distribution, retail, multi-family, independent contractor yards, industrial, national pro-dealer and the manufacturing sector. Our sourcing encompasses all species and grades from all regions, including Spruce-Pine-Fir (SPF), Hem Fir/White Fir, Doug Fir, Ponderosa Pine, Yellow Pine and WR Cedar. Our panel department also trades plywood for all species and OSB.
Our traders have a rare talent in matching production with customer needs and vice versa, with an experienced support staff aiding the process and ensuring a seamless transaction. All of our talent and expertise in trading is bolstered with the trademark values of all Olympic employees: integrity, accountability and efficiency.
The structure of our distribution division is such that Olympic is able to offer, by far, the most efficient costing and greatest amount of flexibility for our North American customers. Through a network of 40 warehouse locations, our team is able to offer just in time delivery of a wide range of globally sourced wood products directly to our end users.
A key component of our competitive advantage is how we connect our global price discovery and market intelligence to the products that we are able to offer through our distribution network. Since we are sourcing and purchasing from all geographic regions, we’re able to provide a significant strategic advantage over providers who focus on products from a single region.
Through our relationships in the trucking industry, our inventory of products on the ground, leveraging of third-party warehouse solutions and our advanced approach to management, we’re able to provide distribution services at a significantly lower cost structure than our competitors. This combination of efficiency, our vast network of relationships and our global perspective makes Olympic a leader in the North American distribution space.
At Olympic, we employ a truly global perspective to our business. Through our roots in North America and strong connections to fibre markets throughout the world, we have unparalleled access to information. Our team obsessively monitors market activity across the globe to identify specific demand regions and capitalize on global pricing trends.
This strategic, data-driven approach gives Olympic the opportunity to provide much more than just product to our customers, it provides us unprecedented access to forward predictions on pricing, the ability to effectively manage risk, and the insight to add significant value to each domestic, import, and export transaction. No other company in our industry is able to provide this level of expertise and support to their trade partners.
Turning lumber into the specific components that our customers need is a central part of our business. We’ve never been content to simply attach the Olympic name to pre-fabricated products. Instead, we work directly with
mills—some of whom we’ve partnered with for over three decades—to have our products designed to our most stringent standards.
Unlike large, primary sawmills, which are concerned with selling numerous lengths and formats, we can work in the specific orders our clients request. That means that in addition to our selection of standard yardstock, we’re fully capable of handling custom orders to be built precisely to a customer’s specifications, so they get the exact product they need in the exact quantity they need it. In addition, our nimble and precise operation also allows us to turn that order around quickly—it’s always our goal to ship within two weeks.
We’ve been manufacturing products since 1985. In the decades we’ve worked with our mills we’ve honed our process and standards together. So whenever you buy an Olympic product, you know that you’re getting the absolute highest possible quality, time-tested and customer-approved.
Olympic Industries started manufacturing pine pattern boards in 1986. They provided solutions to two major points of concern. First, major mills making T & G products were shipping “product of the run” –there were still off-grade pieces in each shipment. Second, the major price swings in #2 Pine boards left the customer with too many orders at low prices and overstocked after a price increase. To resolve these concerns, Olympic sourced raw materials and began to manufacture Pine T & G, T & G decking and other patterns. In 1990, Olympic began end capping and needed a “brand name”. Pacific Pine was born. Our “Pac Pine” offers unsurpassed quality at the right price.
The vast majority of our raw material is sourced from North Coast BC, unlike many producers which draw from a number of regions. From our selected and specific raw material we manufacture a consistent quality and appearance. “ the 2x6 decking you buy today will look the same as the 2x6 decking you buy in two years”. When we manufacture our wide variety of quality knotty products we also produce a number of fall down and clear products. If you have a customer that requires a price point product we can help with our Utility and Economy grades. Or if you have a demanding high end client we can assist you with our clear products. Aside from manufacturing our finished products we also custom cut BC coastal logs to generate a full spectrum of appearance grade timbers. As we cut for timbers we also generate export grade clears and more raw material for our finished product production.
A key aspect of our innovative service model at Olympic is our activity in trading derivatives (futures, options) on the Chicago Mercantile Exchange (CME). When our customers are forecasting their needs for upcoming projects, our expert team is able to provide them with the market intelligence and forward pricing that allows their teams to develop more accurate quotations, protect themselves from risk and effectively plan for the future.