Mr. Eric Vachon reports

STELLA-JONES COMPLETES ACQUISITION OF BROOKS MANUFACTURING CO.

Stella-Jones Inc. has completed the previously announced acquisition of the assets of Brooks Manufacturing Co. The purchase price amounted to approximately $140-million (U.S.), subject to working capital adjustments.

Brooks manufactures treated wood distribution crossarms and transmission framing components from its facility located in Bellingham, Wash. Brooks's consolidated sales for the year ended Dec. 31, 2024, totalled approximately $84-million (U.S.).

"We are pleased to officially welcome the Brooks team to Stella-Jones," stated Eric Vachon, president and chief executive officer of Stella-Jones. "This acquisition further strengthens our position as a partner of choice to utilities and aligns with our ambitions to support strong infrastructure across North America."

About Stella-Jones Inc.

Stella-Jones is a leading North American manufacturer of products focused on supporting infrastructure that is essential to the delivery of electrical distribution and transmission and the operation and maintenance of railway transportation systems. It supplies the continent's major electrical utilities companies with treated wood and steel utility poles and steel lattice towers as well as North America's Class 1, short-line and commercial railway operators with treated wood railway ties and timbers. It also supports infrastructure with industrial products, namely timbers for railway bridges, crossings and construction, marine and foundation pilings, and coal-tar-based products. Additionally, the company manufactures and distributes premium treated residential lumber and accessories to Canadian and American retailers for outdoor applications, with a significant portion of the business devoted to servicing Canadian customers through its national manufacturing and distribution network.

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