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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 of pressure-treated wood products. Co. supplies all of the continent's key electrical utilities and telecommunication companies with wood utility poles, and North America's Class 1, short line and commercial railroad operators with railway ties and timbers. Co. also provides industrial products, which include wood for railway bridges and crossings, marine and foundation pilings, construction timbers and coal tar-based products. Additionally, Co. manufactures and distributes residential lumber and accessories to Canadian and American retailers for outdoor applications.
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