FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Press Releases / Read Press Release

Print

Tiger Group, Stuart Realty to Oversee Turnkey Sale of Wood Moulding Facility

June 14, 2017, 08:00 AM
Filed Under: Manufacturing


Tiger Group and Stuart Realty Group are now accepting turnkey offers for the land and other assets of wood moulding manufacturer Consolidated Pine, Inc. The complete business opportunity includes over 23 acres of real estate in Prineville with multiple buildings and rail spurs, as well as well-maintained manufacturing and material handling equipment, rolling stock, spare parts and intellectual property.

The business has been in operation since 1952 and is ideally located in the geographic center of Oregon, about a half-hour from Redmond airport and near the exploding high-tech community that includes new facilities for Google and Facebook. Buildings on the 23.8-acre site, with three adjacent railway sidings, include a moulding mill, a finger jointer shop, a ripsaw shed, a planing mill, a truck shop, and multiple lumber storage sheds and offices.

“This package represents an excellent turnkey opportunity for existing moulding manufacturers, saw mills and other millwork operations to grow their business with a facility that offers an experienced management team and workforce,” said John Coelho, Senior Director of Tiger Group’s Commercial & Industrial division. “In addition to domestic manufacturers, overseas companies looking to expand with a domestic lumber and finished product annex or concerned about possible new import tariffs will view this as a good way to enter the U.S. market or expand their sales activity here.”

According to Coelho, a buyer of the business can also take advantage of various economic incentives offered in the Prineville/Crook County Enterprise Zone.

The facility offers on-site milling capacity of 3 million linear feet per month, while its planing capacity is 200,000 board feet per day. A rip saw shed on the property has a daily capacity of 25,000 board feet. The facility’s moulding mill equipment includes Mattison 4-head and 6-head moulders, capable of producing a combined 50,000 linear feet per day.

Other assets include rolling stock, conveyer systems and office furniture. Intellectual property includes the company  name.





Week's News



Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.