Oklahoma City-based distributor Cedar Creek will purchase distribution company Epperson Lumber of Statesville, N.C. 

The two companies signed a "letter of intent" for the deal, expected to close in about 60 days.

Located near Charlotte, N.C., Epperson Lumber’s sales coverage area ranges East along the coast of the Carolinas; South to Charleston, S.C.; North to Richmond, Va.; and West to Knoxville, Tenn.