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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 provides residential lumber, which consists of pressure treated consumer lumber for use in patios, decks, fences and other outdoor applications, as well as industrial products including foundation and marine piling, railway bridge and crossing timbers, construction timbers and highway guardrail posts. Co. also manufactures the wood preservative creosote for use in its wood treating activities, as well as other coal tar based products.
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