MONTREAL – Utility pole company Stella-Jones Inc. has signed a deal to buy U.S. company Brooks Manufacturing Co. for $140 million.
Brooks is a maker of treated wood distribution crossarms and transmission framing components.
It was founded in 1915 and operates a facility in Bellingham, Wash.
Stella-Jones chief executive Eric Vachon says the deal improves the company’s ability to meet the growing demand of utilities and unlocks new growth opportunities.
The deal is subject to closing conditions, including U.S. regulatory approval, and is expected to occur by the end of the year.
Stella-Jones is a supplier of treated wood and steel utility poles and steel lattice towers, as well as treated wood railway ties and timbers. It also manufactures and distributes treated residential lumber.
This report by The Canadian Press was first published Sept. 30, 2025.
Companies in this story: (TSX:SJ)