Stella-Jones acquires Locweld Inc., expands presence in steel transmission structure market
CANDIAC: Stella-Jones Inc. (TSX: SJ) announced Wednesday it has entered into a definitive agreement to acquire Locweld Inc., a leading manufacturer of lattice transmission towers and steel poles. The acquisition is expected to close later in the day. Locweld, which has been in operation for more than 75 years, employs approximately 220 people and serves customers in…