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Stella-Jones Completes Acquisition of Brooks Manufacturing Co.
Globenewswireยท 2025-11-05 11:58
Core Points - Stella-Jones Inc. has completed the acquisition of Brooks Manufacturing Co. for approximately US$140 million, subject to working capital adjustments [1] - Brooks specializes in manufacturing treated wood distribution crossarms and transmission framing components, with consolidated sales of about US$84 million for the year ended December 31, 2024 [2] - The acquisition is expected to strengthen Stella-Jones' position as a preferred partner for utilities and support infrastructure development across North America [3] Company Overview - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure support, supplying treated wood and steel utility poles, steel lattice towers, and railway ties to major electrical utilities and railroad operators [3] - The company also provides industrial products for railway bridges, marine and foundation pilings, and coal tar-based products, alongside premium treated residential lumber for outdoor applications [3]