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Slide #9. Stella-Jones — Wood Treating Facilities of Boatright Railroad Products
Wood Treating Facilities of Boatright Railroad Products
Stella-Jones Inc. (TSX:SJ) today announced that it has signed a non-binding letter of intent to acquire the wood treating facilities of Boatright Railroad Products, Inc. ("Boatright") located in Montevallo and Clanton, Alabama. Boatright manufactures, sells and distributes creosote and borate-treated crossties as well as switch ties, tie plugs and bridge timbers to railroad operators.
Stella-Jones is a producer and marketer of pressure treated wood products. Co. supplies North America's railroad operators with railway ties and timbers, and the continent's electrical utilities and telecommunication companies with utility poles. Co. also manufactures and distributes residential lumber and accessories to retailers for outdoor applications, as well as industrial products which include marine and foundation pilings, construction timbers, wood for bridges and coal tar-based products. Co. has treating and pole peeling facilities across Canada and the U.S. and sells its products primarily in these two countries.
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