Overview
Farmfolio's Growth-Oriented Hardwood Teak Processing Facility
Located in Montería, Colombia, Burroteka is a state-of-the-art sawmill dedicated to teak processing. The only centralized, value-added teak processing facility in the region, Burroteka has sparked a convergence of Colombia's teak industry. By providing a local outlet for the primary transformation of teak, Burroteka has formalized the Colombian teak supply chain and provided access to global markets. Beginning exports in August of 2019, Burroteka has quickly established itself as the top clean-cut sawn teak exporter in the country. Burroteka is now capable of producing over 1200 cubic meters of sawn teak per month, and its brand is introducing the world to exquisite Colombian teak.
Fixed Assets
Valuation by Year
Timeline
After two rounds of financing in the form of GP and GP II, construction begins on the Burroteka sawmill in Montería, Colombia.
The Burroteka sawmill was completed in June of 2019, and production began soon after. Reaching full capacity at some time, the Burroteka team worked hard to streamline production.
In August of 2019, Burroteka begins shipping high-quality cuts of teak to India.
Despite of the heavy rains, during the month of October Burroteka reaches +400 m3 of wood output.