Doman Building Materials Group Acquires CM Tucker Lumber Assets

By Doman Building Materials Group Ltd.
Globe Newswire
October 1, 2024
Category: Business & Politics
Region: Canada, United States

VANCOUVER, BC — Doman Building Materials announced that it has acquired South Carolina-based CM Tucker Lumber Companies… for a base purchase price of US$255 million in cash. …Founded in 1920, Tucker Lumber is headquartered in Pageland, South Carolina, employing 425 personnel across three locations. The Pageland facility is vertically integrated, comprising a specialty sawmill, dry kilns, treating plants, remanufacturing operations and distribution facilities. Treating plants located in Henderson, North Carolina and Rock Hill, South Carolina provide added capacity and capabilities to quickly service Eastern U.S. markets. Tucker Lumber offers a comprehensive variety of products, including treated lumber and plywood, decking, deck posts, balusters, spindles, handrails, step stringers, step treads, fence panels, fence pickets, round fence posts and split rail fencing. …The Transaction was completed on October 1, 2024, and is not subject to any further regulatory or shareholder approvals or consents.

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