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PalletOne Acquires Bay Wood Products to Expand Wood Pallet Manufacturing Capacity
Thursday 05 September 2019

5 September 2019 - Florida, US-based pallet manufacturer PalletOne, Inc. has acquired Alabama, US-based pallet and crate manufacturing provider Bay Wood Products Inc. to expand wood pallet manufacturing in Alabama, the company said.

Terms of the transaction were not disclosed.

With the acquisition, the southern Alabama market could see an expansion of products and services, including industrial recycling.

PalletOne, Inc. operates 18 locations in nine states and manufactures new pallets, provides pallet repair programmes, recycles used pallets and produces a variety of other wood products.

PalletOne's operations include Industrial Recycling Services, SunOne Logistics, and Sunbelt Forest Products Corp., one of the largest producers of pressure-treated lumber and residential fencing in the Southeast.

Bay Wood Products is a full-service manufacturer of wooden pallets, rough-cut lumber, dunnage and crates with a recent expansion into the biofuel and mulch markets.
Date Published: 05/09/2019
Target: Bay Wood Products Inc
Country: USA
Sector: Machinery/Engineering
Type: Corporate acquisition
Status: Closed
Buyer: PalletOne, Inc.
Terms of the deal were not disclosed