Ashton Lewis Holding Company Acquires Assets of W.T. Jones & Sons Inc.

North Carolina based Ashton Lewis Holding Company, the parent of Aston Lewis Lumber Co., has announced that it has acquired the assets of W.T. Jones & Sons Inc., a sawmill located in the Ruther Glen Area, in Caroline County, Virginia. Ashton Lewis plans on investing about $11 million to upgrade the facility and create a new specialty southern pine operation. The state of Virginia is providing a $50,000 grant from the Governor’s Agricultural and Forestry Development fund as an incentive for the project. In turn, Ashton Lewis has agreed to source 90% of all pine lumber purchases from Virginia forestland owners and provide 44 jobs.

Original Source:
Lumber company plans $11 million investment at sawmill in Caroline County