Luxor observed 250% sales growth in 1st Q

 Monday, April 13, 2015

Luxor, a wood construction mat and laminated beam manufacturer has witnessed 250 percent growth in the first quarter, exceeding $995,000.

 
Sales growth in wood access mat and crane mat manufacturing help Luxor to observe this overwhelming growth. These are laid down so bulldozers and crane can drive on them at wind turbine, and building and construction sites.

 
Now, the company is anticipating significant sales growth this year in residential construction, wood mats and engineered wood products for large wood structures.
Sales also increased in residential construction. Luxor is expanding manufacturing operations, and says it anticipates significant sales growth in 2015 in residential construction, wood mats and engineered wood products for large wood structures. It trades on the Toronto Stock Exchange.

 
Luxor produces floor engineered bridging, and says it has spent years analyzing wood-frame floor construction, to become an authority in wood floor performance engineering. It also manufacturers architectural wood products and offers custom wood cutting services.

Tags: Financial report, First Quarter, Luxor, rResidential construction, Toronto Stock Exchange, Wood mats