Paper and Forest Products
Company Overview of Fulghum Fibres, Inc.
Fulghum Fibres, Inc. provides fibre processing services for wood chips production in the southeastern part of the United States and Maine. The company owns and operates wood chipping facilities that process logs and timber into wood chips. It also purchases and sells roundwood for chipping operations, as well as exports wood chips to a European company. The company was incorporated in 1989 and is based in Augusta, Georgia. As of May 1, 2013, Fulghum Fibres, Inc. operates as a subsidiary of Rentech, Inc.
3604 Wheeler Road
Augusta, GA 30909
Founded in 1989
Key Executives for Fulghum Fibres, Inc.
Chief Executive Officer and President
Chief Financial Officer and Executive Vice President of Finance & Administration
Chief Executive Officer of Fulghum Graanul LLC
Vice President of Human Resources
Compensation as of Fiscal Year 2014.
Fulghum Fibres, Inc. Key Developments
Fulghum Fibres Reports Unaudited Earnings and Operating Results for the Fourth Quarter and Year Ended December 31, 2013; Provides Earnings and Production Guidance for 2014
Mar 11 14
Fulghum Fibres reported unaudited earnings and operating results for the fourth quarter and year ended December 31, 2013. For the quarter, revenues were $24.5 million for the current period, of which approximately $15.4 million and $9.1 million were generated from the U.S. and South American operations, respectively. Gross profit for the period was $5.3 million on margins of 22%. Operating income was $7.3 million. Adjusted EBITDA was $4.694 million. Operating income was $7.257 million.
For the year, revenues were $63.0 million, gross profits was $12.0 million. Operating loss was $9.914 million. Adjusted EBITDA was $13.042 million.
Fulghum Fibres processed 3.8 million green metric tons of wood during the three months ended December 31, 2013.
For 2014, the company expects revenue of $95 million, EBITDA of $20 million, maintenance capital expenditures of $3 million. The company also expects the production of Logs Processed of 15,000,000 tonnes.
Fulghum Fibres, Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
Nov 7 13
Fulghum Fibres, Inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company’s revenues were $22,378,000. Operating income was $1,812,000. Net income was $813,000.
For the nine months, the company’s revenues were $38,483,000. Operating income was $2,657,000. Net income was $941,000.
Fulghum Fibres, Inc. Reports Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2013
Aug 8 13
Fulghum Fibres, Inc. reported unaudited earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company’s revenues were $16,105,000. Operating income was $845,000. Net income was $128,000.
For the six months, the company’s revenues were $16,105,000. Operating income was $845,000. Net income was $128,000.
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