Stella-Jones signs agreement to purchase Cahaba Pressure Treated Forest Products

Nov 03, 2021

MONTREAL, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Stella-Jones Inc. (TSX: SJ) (“Stella-Jones” or the “Company”) today announced that it has entered into an agreement to purchase the shares of Cahaba Pressure Treated Forest Products, Inc. (“Cahaba Pressure”) through its U.S. subsidiary for US$66 million, including working capital, which is currently estimated at US$8 million.

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