Stella-Jones Inc. said growth in telephone poles and residential construction lumber sales led to growth in the latest quarter, offsetting declines in its railroad ties business.
Norfolk Southern Railway, one of the largest railroads in the U.S., says it must replace millions of wooden railroad ties under its tracks, claiming they’re degrading at a faster rate than expected.
Railroad tie and utility pole manufacturer Stella-Jones reports sales of $594.2 million second quarter, up 5.5 percent, with a boost in results from U.S. acquisitions.
Stella-Jones Inc. (TSX:SJ), a maker of railroad ties and utility poles, says preliminary unaudited results for the fourth quarter and fiscal year ended December 31, 2016 will show a $340 to $342 million sales for the year.
Stella-Jones Inc. (TSX:SJ) says its wholly-owned subsidiary, McFarland Cascade Holdings, Inc., has signed a definitive agreement to purchase Kisatchie, which makes telephone poles, timbers and pilings
Treated lumber supplier Stella-Jones (TSX: SJ) signed a definitive agreement to acquire Ram Forest Products Inc. and Ram Forest Group Inc., based in Vandorf, Ontario, just north of Toronto.
Stella-Jones Reports 2014 Fourth Quarter and Annual Results Fourteenth consecutive year of growth in net income - Sales of $1.25 billion, up 23.6% from $1.01 billion last year. Net income up 12.2% to $103.8 million,
The facilities manufacture and distribute creosote and borate-treated crossties, switch ties, tie plugs and bridge timbers to railroads and railroad contractors.
Stella-Jones Inc. announced that it has completed the acquisition of the wood treating facilities of Boatright Railroad Products, Inc. located in Montevallo and Clanton, Alabama.