b'2024 sales$62,382,043 total assets $27,842,868Panther IndustriesFirst Acquisition: A key milestone for us this fiscal year was our acquisition of 2024 was a year where every sale felt like a hard-fought victory.City Lumber in Edmonton, which serves as a foundation for our As the world regained its footing, competition surged back topallet division and strengthens our presence in the Commercial life. We recognized the need to be relentless and innovative inConstruction Industry. The synergy between Panther and City our approach. In the commodity landscape, we faced challenges,Lumber is powerful, with a shared focus on providing quality particularly with products like HCL and Calcium, where availabilitylumber and meeting the fast demands of our clients. was tight. However, thanks to our collaborative efforts with vendors,We plan to relocate our pallet division to City Lumber in summer we crafted creative solutions that allowed us to meet our clientsof 2025, allowing it to operate under that banner while honoring pressing demands effectively.the previous owners legacy. From day one, our focus has been on On the production front, the decision to automate last year withdefining and embodying a shared culture, ensuring every team Alex the Robot proved to be a game changer. This remarkablemember understands their role in our collective success. addition to our team enabled us to package products at anTransload Facility: unprecedented pace. Without Alex, keeping up with the surge inWith the invaluable support of Round Table Management (RTM), orders would have been impossible!we successfully sold our Fort Saskatchewan HCL facility. Given 2024 wasnt just about survival; it was a year of transformation andthe uncertainties in supply and the proximity of ClearTech, achievement. We embraced further automation, celebrated our firstconsolidating our transloading operations made perfect sense. acquisition, made a strategic move by selling our Transload facility,Community Involvement: and were honored by the Saskatchewan Chamber of Commerce forPanther proudly stood as a finalist for the ABEX 2024 Community our commitment to the community.Involvement Award! Our dedication to community engagement More Automation:has been recognized, and we are thrilled to secure naming rights To elevate our operations, we made a significant investmentfor the Davidson Day Care after contributing $325,000 to this vital in automation focused on our Pallet Division in Davidson. Wefacility. implemented the Viking 505, a powerhouse machine that transformed our pallet production capacity from 600800 pallets per shift, to an impressive 1,200! This leap in technology has not only boosted our output but also enhanced safety and speed, empowering our team to achieveCLAYTON SCHNEIDERmore with the same resources. The Viking 505 is exceeding our expectations, leading us to contemplate acquiring another unit forFun Fact: our Alberta division. PANTHERS REPAIR/USED PALLET PROGRAM SAVED 128,333 SPRUCE TREES FROM BEING CUT DOWN18 PIC GROUP 2024 ANNUAL PROFILE'