January 8, 2014
Tolko signs for the selling of its treating plant to Koppers Inc.
Tolko Industries Ltd. yesterday announced that it has signed an asset purchase agreement for the sale of its Ashcroft Treating Plant to Koppers Inc. The decision to sell follows a thorough review of Tolko’s product mix. “Ashcroft has been a strong performer in our asset mix since 2004,” said Brad Thorlakson, president and CEO of Tolko. “However, we have decided to focus our efforts on our wood products and paper operations moving forward.” Ashcroft Treating produces railway ties, bridge timbers and crossing planks and employs approximately 28 people. The acquisition is ...
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