Tenon Limited

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Tenon Limited
Type	Public company
Founded	2001 (part of Fletcher Challenge group)
Headquarters	Auckland, New Zealand
Area served	New Zealand, United States
Key people	Mark Eglinton (Chief Executive Officer) Adam White (Chief Financial Officer) Paul Gillard (General Manager Corporate)
Industry	Construction
Products	Building products
Revenue	▲ NZ$740 million (As of 2007)^[1]
Website	http://www.tenon.co.nz

Tenon Limited (NZX: TEN) is a New Zealand based publicly traded company producing timber products. It was formerly known as Fletcher Forests which was split from the Fletcher Challenge group. The companies main business comprises of supplying wood-based building materials to DIY home owners. The year 2007 was a rocky one for the company. Share prices have dropped sharply since the slowing of the US housing market and the sub-prime mortgage disaster. During 2007 Tenons share price has been as high as $3.25 per share but in early 2008 have been as low as $0.75 per share. Difficult trading and operation environments look to continue for Tenon in the short to mid time frame.

Rubicon Forests Limited are the major shareholder controlling a majority 57.37% as at early 2008.