Portland Oregon based Forest City Trading Group is raising $7,875,000.00 in New Equity Investment.
Portland, OR – According to filings with the U.S. Securities and Exchange Commission, Forest City Trading Group is raising $7,875,000.00 in new funding. Sources indicate as part of senior management President and Chief Executive Officer, Craig Johnston played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.
About Forest City Trading Group
FCTG is an employee-owned company comprised of 12 subsidiaries. We connect supply with demand, provide solutions for challenges, and meet opportunity with strategy. Established in 1964, we’ve grown to become one of the largest building products distributors shaping the industry worldwide. Our ACTION gets your partnerships expanding. Our GLOBAL VIEW sees ahead in ways you cant. And our TENACITY gets your inventory moving. We use our sourcing and logistics expertise to help companies determine which products they need in order to efficiently connect them with supply. With a volatile and rapidly changing supply picture, we know what’s selling, what’s not, what’s needed, and who needs it. Our insight into supply, demand, and transportation brings a perspective our partners can use. Our traders work closely with our suppliers and customers to manage high volumes of inventory close to end markets. So your product is ready when and where you need it. We take on risk and manage volatility of products and markets so our trade partners can produce, sell, and buy consistently and protect margins and product flows. With a broad supply base of over 1,750 active suppliers and 9,000 customers, we are the critical link in your supply. We pioneer new markets and help innovative products find channel opportunities.
To learn more about Forest City Trading Group, visit http://www.fctg.com/
Contact:
Craig Johnston, President and Chief Executive Officer
503-246-8500
craig.johnston@fctg.com
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