MONTREAL, Oct. 08, 2025 (GLOBE NEWSWIRE) -- Stella-Jones Inc. (TSX:SJ). Open to:Investors, analysts and all interested partiesDate:Wednesday November 5, 2025Time:10:00 AM Eastern Standard Time (EST)Live Webcast:https://meetings.lumiconnect.com/400-700-172-835Call:(+1) 800 990 2777 THE PRESS RELEASE WILL BE PUBLISHED BEFORE MARKET OPENS THE DAY OF THE CONFERENCE CALL THROUGH GLOBE NEWSWIRE. Please log on or dial in 15 minutes before the conference begins. If you are unable to attend at this time, you may ac ...

Core Viewpoint - Stella-Jones Inc. has announced a definitive agreement to acquire Brooks Manufacturing Co. for approximately US$140 million, aiming to expand its product offerings and enhance its market reach in the utility sector [1][3]. Company Overview - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure products essential for electrical distribution and transmission, as well as railway transportation systems [4]. - The company supplies treated wood and steel utility poles, steel lattice towers, and treated wood railway ties to major electrical utilities and railway operators across North America [4]. Acquisition Details - The acquisition of Brooks, a manufacturer of treated wood distribution crossarms and transmission framing components, is expected to close by the end of the year, pending U.S. antitrust regulatory approval [1][3]. - Brooks reported sales of approximately US$84 million for the year ended December 31, 2024 [3]. - The acquisition will be financed through Stella-Jones' existing revolving credit facilities [3]. Strategic Rationale - The acquisition is seen as a natural fit that enhances Stella-Jones' ability to meet the growing demand from utilities and unlock new growth opportunities [3]. - The move aligns with the company's strategic focus to become a partner of choice for infrastructure customers [3].

Company Overview - Stella-Jones Inc. is a leading North American manufacturer focused on infrastructure products essential for electrical distribution, transmission, and railway transportation systems [4] - The company supplies treated wood and steel utility poles, steel lattice towers, and treated wood railway ties to major electrical utilities and railway operators across North America [4] - Stella-Jones also manufactures industrial products such as timbers for railway bridges, marine and foundation pilings, and coal tar-based products, alongside premium treated residential lumber for outdoor applications [4] Upcoming Events - A conference call is scheduled for August 7, 2025, at 10:00 AM Eastern Daylight Time, with a live webcast available [2] - The press release related to the conference call will be published before market opens on the same day [3] - A web recording of the meeting will be accessible from August 7, 2025, at 1:00 PM EDT until August 14, 2025, at 11:59 PM EDT [3]