acquisition

Woodworking Industry News

CNC vacuum pump producer Republic Mfg. acquires Joost

DALLAS, Texas – Republic Manufacturing, a producer of pumps used for woodworking CNC vacuum hold down, has acquired Joost Industrial LLC. Joost is a longtime distributor of Republic's blowers, vacuum pumps, and air knives. Terms of the acquisition were not disclosed. “Joost offers an exciting opportunity for Republic to strengthen its product and service offering in the Rocky Mountain and western regions of the United States,” said Zach Goff, CEO of Republic Manufacturing.

Woodworking Industry News

Timber Products Logistics acquires new eastern hub facility, expansion plans

SPRINGFIELD, Ore. – Timber Products Co. has acquired a 20-acre facility in Thomson, Georgia that will serve as the eastern hub for the rapidly expanding TP Logistics. The company said the acquisition allows Timber Products to provide full 3PL services, an enhanced customer experience, and expansion of its vertical integration into the Southeast United States. The new facility is scheduled to open in January 2021. Timber Products noted this is the first in a series of planned acquisitions as TP Logistics begins to spread its footprint across the United States.