NCT & its wholly-owned subsidiaries BAYFIBRE CENTRAL TIMBER CO-OPERATIVE LIMITED (formerly CTC) CTC (Central Timber Co-operative Limited) was formed out of necessity by a group of farsighted timber growers. In the late 1960’s a huge discrepancy in timber pricing developed between processors and private timber growers; wattle could only be sold at firewood tariffs! It was at this time that NCT together with the Transvaal Wattle Growers (TWK) and Natalse Landbou Koöperasie (NLK) 10 N C T F o r e s t r y C o - o p e r a t i v e L i m i t e d
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