Orangeburg, S.C.-based Cox Industries has completed an asset purchase of Atlantic Wood Industries’ wood-treating plants and related operations.
This includes the Vidalia, Ga.; Sylvania, Ga.; and Newsoms, Va., facilities, along with the sales and purchasing operations.
In addition to this purchase, Cox expects to complete a lease agreement for Atlantic’s Hainesport, N.J., treating facility within the next week.
Cox said it has been able to retain the “vast majority” of the Atlantic team after the acquisition.
“The combined companies will be a formidable force in the wood treating industry, with employees, customers and vendors all benefiting going forward,” according to a press release issued Monday.
Cox Industries now operates 14 wood treating and product manufacturing facilities and employs approximately 400 people in 10 states.
“It is an exciting time to be able to merge the talent and cultures of two organizations with such deep roots and strong reputations in the wood treating industry,” said R. Michael Johnson, CEO of Cox.