USNR Acquires Timber Automation Company
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USNR acquires Timber Automation
USNR acquires Timber Automation
USNR, a division of Wood Technologies International, announced on Thursday (7-7-22) that it had acquired Timber Automation Company, located in Hot Springs, Arkansas. According to USNR’s press release, the combination solidifies USNR’s leadership position in providing equipment and technology to the global wood processing industry and will add more than 250 employees and 200,000 square feet of manufacturing space.
The transaction will help Timber Automation gain wider market distribution for its state-of-the-art sawmill and woodyard equipment, while USNR will benefit from the addition of Timber Automation’s highly skilled team members and production capacity.
Terms of the private transaction were not disclosed.
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